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 ...
Ethiopia’s central bank said on Monday it was conducting a foreign exchange auction for $60 million, with the sale open to all banks. In July 2024, Ethiopia’s central bank removed restrictions on the ...
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Ethiopia's biggest bank says it has recouped most of the cash lost during a system glitchThe problem was caused by a "routine system update and inspection" rather than a cyberattack, according to Ethiopia's central bank. Established in 1963, the Commercial Bank of Ethiopia is the ...
The National Bank of Ethiopia has announced a Special Foreign Exchange Auction, offering $60 million to commercial banks, ...
Currently, only a few banks, including state-owned institutions such as the Commercial Bank of Ethiopia (CBE) and the Development Bank of Ethiopia (DBE), meet the threshold. CBE alone holds 43.5% of ...
The National Bank of Ethiopia (NBE) has announced a Special Foreign Exchange Auction scheduled for February 25, 2025, with USD 60 million available for bidding by all banks.
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