National Bank of Ethiopia Limits Cash Withdrawal Amount Allowed
The National Bank of Ethiopia issued a directive limiting the amount of cash withdrawal allowed, effective May 19, 2020. As per the directive, individuals can withdraw a maximum of 200,000 birr per day and a million birr per month. Companies, however, can withdraw up to 300,000 birr per day and 2.5 million birr per month.


The National Bank of Ethiopia has issued a new directive raising the minimum paid up-capital of micro-finance institutions, Fortune reported.
