Thursday, February 9, 2023

Tag: NBE

Ethiopia to deploy cryptocurrency technology for stock exchange platform

The National Bank of Ethiopia (NBE) will deploy a hybrid model of traditional digital exchange technology and a cryptocurrency technology as a platform for...

Bill to allow gradual opening of financial sector

The National Bank of Ethiopia (NBE) is revising the Banking Business Proclamation, as part of its legal framework amendment aimed at allowing foreign banks...

Central Bank to green light ethio telecom’s micro credit permit request

The National Bank of Ethiopia (NBE) will green light ethio telecom’s request to offer a digital micro-credit and saving services via its Telebirr platform,...

Amhara bank requests operational license to launch service this month

Central bank is evaluating its readiness One of the new entrants to the banking industry, Amhara Bank, filed a request at the central bank to...

Central Bank begins drafting new directive for specialized banks

Officials at the National Bank of Ethiopia (NBE) are drafting a new directive to set new requirements needed to establish a mortgage bank in...

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Khat exporters in trouble, $ 21 million export earnings lost

32 exporters accused of mishandling $21 million The licenses of...

Damage to Galafi Route in Djibouti impedes logistics services

The activities of the Ethiopian Shipping and Logistics Service...

A home away from home

As Rastafari around the world join Ethiopia in commemorating the 1896 victory at the Battle of Adwa, the repatriated community in Shashemene received news that the government is now ready to begin the process of granting permanent residence to those with valid passports

New central bank’s governor reveals priorities to get economy back on feet

The newly appointed National Bank of Ethiopia (NBE) governor,...

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