The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”. Ethiopia’s central bank issued a ...
The report calls for tighter regulatory standards on deposit concentration risks, to make sure the banking industry maintains ...
More than 38 million people hold accounts at CBE, which was established 82 years ago. Ethiopia's central bank, which serves as the financial sector's governing body, released a statement on Sunday ...
Prime Minister Abiy Ahmed is working to open up the Ethiopian economy to foreign investments after decades of a ...
Under the new policy announced by the central bank, the value of the Ethiopian currency - the birr - will be set by the market. It comes as negotiations between the government and the IMF reach ...
Ethiopia is poised to receive an additional US$251 million from the International Monetary Fund (IMF) as part of a four-year, ...
An Ethiopian bank has put up posters shaming customers it says have not returned money they gained during a technical glitch. Notices bearing their names and photos could be seen outside branches ...
The Ministry of Finance (MoF) praised the African Development Bank for its contribution to Ethiopia's economic progress and urged the bank to continue supporting the nation to realize prosperity.
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