National Bank of Ethiopia (NBE) has slightly amended its forex directive, which it promulgated a year ago. When the directive came out a year ago it was aimed to allocate and manage foreign exchange (forex) in a transparent and sound manner. The directive came to effect on March 20, 2017.
The National Bank of Ethiopia (NBE) and the National ID Project have agreed to roll out a Digital ID for all financial institutions. The move is part of NBE’s plan which aims to modernize the financial industry while fostering financial inclusion and preserving market stability.
The National Bank of Ethiopia has announced a bid for the preparation of architectural designs for nine regional branches it plans to build, Addis Fortune reported.
The National Bank of Ethiopia (NBE) has issued a public notice announcing a series of significant relaxations to Ethiopia’s foreign exchange directives, in a move aimed at strengthening the foreign exchange market and easing current account restrictions.
The National Bank of Ethiopia (NBE) today introduced revised regulations on foreign exchange-related spreads and fees.
