Central Bank Establishes Ethiopian Deposit Insurance Fund
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
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#Microfinance Institutions
NBE Raises Minimum Paid-Up Capital for MFI to 75mln Birr
ADDIS ABABA – The National Bank of Ethiopia (NBE) has increased the minimum initial paid-up capital of microfinance institutions (MFIs) by more than sevenfold.
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