Tag: national bank of ethiopia
Foreign Companies to Receive Foreign Currency Guarantees for Key Projects in Ethiopia
The National Bank of Ethiopia has made a decision to allow foreign currency guarantees for foreign companies engaged in joint ventures with government or...
Mamo Mihretu Named Governor of National Bank of Ethiopia as Part of Government Reshuffle
Mamo Mihretu, a former World Bank staffer and chief trade negotiator for Ethiopia at the World Trade Organization, has been appointed as the new...
NBE unsuspended Cashgo & Mama’s Pay Remittance Apps
Digital remittance applications that have been suspended for almost 3 months by order of the National Bank are about to be launched.Apps Cashgo and...
National Bank of Ethiopia Lifts Restrictions Weekly Bank Transfer Limit
The National Bank of Ethiopia lifts the weekly transfer limit placed on bank transfers. The restriction was imposed restrain & discourage agents who are...
National Bank of Ethiopia Fully Lifts Loan Restrictions
The loan restrictions that were implemented for the last four months have been lifted completely, the National Bank of Ethiopia (NBE) reminded today.
The National...
New Year, New Money
The government of Ethiopia on September 14, 2020, has introduced a new birr, a unit of Ethiopian currency, with additional security features and other...