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The National Bank of Ethiopia (NBE; Amharic: የኢትዮጵያ ብሔራዊ ባንክ) is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial ...
- 8.00%
- 15 February 1906; 117 years ago
El Banco Nacional de Etiopía (en amárico: የኢትዮጵያ ብሔራዊ ባንክ, en inglés: National Bank of Ethiopia, sigla NBE) es el banco central de Etiopía. Su sede está en la capital del país, Adís Abeba , y su gobernador actual es Mamo Mihretu. [ 1 ]
- Etiopía
- público
- 15 de febrero de 1906
- Adís Abeba
WELCOME TO THE NATIONAL BANK OF ETHIOPIA. As the central bank of Ethiopia, we work to ensure price stability and the safety and soundness of financial institutions. Learn More.
The National Bank of Ethiopia was established in 1963 by Proclamation 206 of 1963 and began operation in January 1964. 1975. On September 1, 1976, Monetary and Banking Proclamation No. 99 of 1976 went into effect, defining the National Bank’s duty in accordance with the country’s socialist economic principles adopted during the Dreg regime.
The banking sector of Ethiopia composed of the central bank, the National Bank of Ethiopia (NBE), which is state owned and sixteen private banks. By 2020, the NBE planned to increase the minimum capital for banks to operate to 2 billion birr ($90 million) and instructed all commercial banks to increase their capital.
To be a trusted guardian of Ethiopia’s monetary and financial systems. MISSION OF THE BANK To maintain price and external stability while ensuring a safe, modern, and inclusive financial system.
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