Whereas, corporate governance gives way to balanced risk taking and enhances business prudence, prosperity and corporate accountability with ultimate objective of realizing long term shareholders’ value, as well as customers and other stakeholders interest
NBE board approves primary market directive – capital Newspaper
Securities exchange to begin in 2022 On its meeting on Thursday June 10, the Board of Directors of National Bank of Ethiopia (NBE) issued a monetary policy operation directive to formalize and […]
National Bank of Ethiopia Bank Corporate Governance Directives No. SBB-71-2019
Licensing and Supervision of Banking Business Bank Corporate Governance Directives No. SBB/71/2019 (1st Replacement) Whereas, corporate governance plays a vital role in maintaining the safety and soundness of financial system in general […]
National Bank of Ethiopia Directives to Authorize Banks to Hold Issue Accounts
NATIONAL BANK OF ETHIOPIA DIRECTIVES TO AUTHORIZE BANKS TO HOLD ISSUE ACCOUNTS DIRECTIVE NO. 637/2021 Whereas the Bank is responsible for printing, coining, issuing and administering currency in Ethiopia; Whereas the Bank […]
National Bank of Ethiopia Directive on Gold Trading Directive
Whereas the sale of gold, both as a physical tradable commodity, and monetary should be conducted in such a way that the commodity is transacted to support the economic activity and the foreign exchange earnings of the country
National Bank of Ethiopia Financial Consumer Protection Directive No. FCP/01/2020
NATIONAL BANK OF ETHIOPIAFINANCIAL CONSUMER PROTECTION DIRECTIVE NO. FCP/01/2020 Whereas, trust and confidence of financial consumers promote financial inclusion, healthy financial transactions, and stimulate growth, stability, ethical innovation and efficiency in the […]
Establishment and Operation of Foreign Currency Account for Non-Resident Ethiopians and Non-Resident Ethiopian Origin (as Amended ) DIRECTIVE NO. FXD/ 69/2021
Establishment and Operation of Foreign CurrencyAccount for Non-Resident Ethiopians and Non-Resident Ethiopian Origin (as Amended ) DIRECTIVE NO. FXD/ 69/2021 Whereas, it is necessary to create incentives for Ethiopians in Diaspora to […]
Minimum Capital Requirement for Banks (Amended) Directive No. SBB/78/2021
Licensing and Supervision of Banking Business Minimum Capital Requirement for Banks (Amended) Directive No. SBB/78/2021 WHEREAS, it has become necessary to raise the minimum paid-up capital required for banks and further improve […]
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