Daily News from Ethiopia
ADDIS ABABA – The National Bank of Ethiopia (NBR) has set up a deposit insurance fund to serve as a financial safety net for depositors of commercial banks and microfinance institutions.
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ADDIS ABABA – The African Export-Import Bank (Afreximbank) said it has committed to provide 500 Million US dollars to support Ethiopian commercial banks through its trade facilitation program.
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ADDIS ABABA – The African Export-Import Bank (Afreximbank) is set to hold a business forum in Addis Ababa on Wednesday to promote its trade facilitation scheme to commercial banks in Ethiopia.
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ADDIS ABABA – National Bank of Ethiopia (NBE) has introduced a contractionary monetary policy in a bid to control supply of money in the economy.
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