National Bank of Ethiopia to launch interdealer FX trading platform in 2026. Current export FX surrender requirement stands at 70%. Exporters retain 30% under …
National Bank of Ethiopia issued public notice on 27 February 2026. Birr-paired peer-to-peer transactions via trading platforms are not permitted. Prohibition applies unless explicitly …
National Bank of Ethiopia allocated $455. 29 million in second $500 million special FX auction. Weighted average selling rate settled at 155. 17 Birr …
Here are the key changes:NBE allows banks to apply forward exchange rates alongside spot rates for FX transactionsService exporters may retain 100% of export …
Ethiopia’s banking sector posted a combined profit of 91. 06 billion birr in the first half of the fiscal year. Profits followed currency liberalisation …
National Bank of Ethiopia will open four new regional branches. Branches planned in Bahir Dar, Hawassa, Jimma, and Dire Dawa. Project aims to strengthen …
National Bank of Ethiopia targets full removal of the bank credit growth cap by December 2026. Credit cap currently limits annual bank lending growth …
The central bank stated that the indicative prices are reference benchmarks only, intended to support consistency and transparency in import valuation, and are not …
National Bank of Ethiopia plans to allow unlimited deposits of legally earned foreign currency in commercial banks. Policy targets individuals and entities earning foreign …