In its annual financial security report with which the bank released on Tuesday about the impact of monetary fraud against ...

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 ...

Ethiopian government is eyeing $700 million in a concessional loan from the World Bank to finance the financial sector ...

Ethiopia transferred ownership of 10 state-owned companies to the government’s sovereign wealth fund as part of steps to ...

A striking imbalance persists within Ethiopia's banking industry, where a mere 0.5% of borrowers hold nearly three-quarters of all loans, while the agricultural sector continues to be marginalized in ...

ADDIS ABABA, July 10 (Xinhua) -- The National Bank of Ethiopia (NBE), the central bank, announced the adoption of an interest-rate-based monetary policy regime in line with international best ...

IMF staff and the Ethiopian authorities have reached staff-level agreement on economic policies to conclude the second review of the four-year USD$ 3.4 billion ECF arrangement. Formal completion of ...

The meeting was attended by representatives from the UAE Embassy in Addis Ababa, Emirates Airlines, Ethiopian National Bank, Dashen Bank and the Ethiopian Investment Commission who serve as ...