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Ethiopia lifts credit cap, raises policy rate as central bank advances monetary reform

The National Bank of Ethiopia (NBE) has removed restrictions on how much commercial banks can lend as part of a new monetary policy package aimed at containing inflation.The credit growth cap was ...
ZAWYA

Ethiopia central bank raises policy rate, cites oil price shock

NAIROBI - ‌Ethiopia's central bank raised its main interest rate by one percentage ​point to 16%on Monday, in its first shift ...
Business Day

IMF data casts doubt on Ethiopia’s credit cap as private lending surged

Private sector lending in Ethiopia was already growing at twice the official credit limit before the central bank scrapped ...
IT News Africa

Ethio telecom and Huawei Chart Next Phase of Ethiopia’s Digital Future

Ethio telecom and Huawei Chart Next Phase of Ethiopia's Digital Future - IT News Africa - African Business Technology News ...
The Reporter

Central Bank Lifts Credit Cap, Eases Forex Surrender Rules

The National Bank of Ethiopia (NBE) has removed restrictions on how much commercial banks can lend nearly three years after it first introduced the credit ...
The Reporter

NBE to Phase out Premium Payments for Gold Suppliers End 2026

The National Bank of Ethiopia (NBE) is slated to end premium payments for gold suppliers starting at the end of the year, ...
Central Banking

Ethiopia raises rates for first time in two years

The National Bank of Ethiopia (NBE) raised its key interest rate by one percentage point to 16% on July 13, marking the first ...
allAfrica.com on MSN

Ethiopian Parliament Approves €124.6 Million Concessional Loans to Advance Economic Reform

The House of People's Representatives (HPR), in its second extraordinary session held today, unanimously approved two concessional loan agreements worth a combined 124.6 million euros with the ...