National Bank of Ethiopia

The post A Directive to License a Takaful Operator or Authorize a Takaful Window Operator No. STB/1/2020 appeared first on Ethiopian Legal Brief.

The post Prohibition of Issuance of Certain Types of Bonds by Insurance Companies Directive No. SIB/51/2020 appeared first on Ethiopian Legal Brief.

The post AMENDMENT TO INVESTMENT OF INSURANCE FUNDS DIRECTIVE NO. SIB/52/2020 appeared first on Ethiopian Legal Brief.

Regulation no. 160-2009 National Lottery Administration Re-establishment Regulation no. 161-2009 Coffee Quality Control and Transaction Regulation no. 162-2009 Irrigation Development Investment Incentives Regulation no. 163-2009 Wildlife Development, Conservation and Utilization Regulation no. 164-2009 Council of Ministers Income Tax (Amendment) Regulation no, 165-2009 Ethiopian Postal Service Enterprise Establishment Regulation no. 166-2009 Work Permit Fees (As Amended) […]

LICENSING AND SUPERVION OF THE BUSINESS OF FINANCIAL INSTITUIONS DOWNLOAD (.pdf) Regulation of Mobile and Agent Banking Services Directives No. FIS /0112012 Whereas, use of technology and innovative financial service delivery channels such as mobile devices and agents have significant contribution in deepening financial service accessibility to the wider section of the population at an […]

PROCLAMATION No. 807/2013 PROCLAMATION TO AMEND THE CAPITAL GOODS LEASING BUSINESS PROCLAMATION WHEREAS, it has became necessary to amend the Capital Goods Leasing Business Proclamation No.103/ 1998; NOW, THEREFORE, in accordance with Article55 (1) of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows: 1. Short Title This Proclamation […]

Addis Ababa: March 24, 2012 (FBC) The National Bank of Ethiopia announced that it has issued a new payment system guidance. The new policy is expected to significantly increase the effectiveness of the existing payment system. The National Bank has announced that this guidance, which will be licensed and authorized for payment instruments providers, will […]

ethiopia Home Article Ethiopia’s central bank embraces fintech, mobile payments for operators 23h | Melanie Mingas New legislation passed in Ethiopia will allow telecommunications companies to step into the non-bank financial services space by bringing basic services to mobile customers through their devices. The development allows any qualifying business to offer basic financial transaction services, […]

LICENSING AND SUPERVISION OF INSURANCE BUSINESS Statutory Deposit Directive No. SIB/50/2020 Whereas, protecting policyholders interest is among the main regulatory and supervisory concerns and responsibilities of the National Bank of Ethiopia; Whereas, establishing a fund necessary for the purposes stated and maintaining it with the National Bank of Ethiopia is necessary; Now, therefore, the National […]

Licensing and Supervision of Insurance Business A Directive to License a Takaful Operator or Authorize a Takaful Window Operator No. STB/1/2020 Whereas, proper licensing of a takaful operator or authorization of a takaful window operator is important to ensure the safety and soundness of the insurance sector; Whereas, it becomes necessary to establish a mechanism […]

LICENSING AND SUPERVISION OF INSURANCE BUSINESS Prohibition of Issuance of Certain Types of Bonds by Insurance Companies Directive No. SIB/51/2020 (1st Amendment) Whereas, it becomes necessary to amend Directive No. SIB/24/2004, to allow the National Bank of Ethiopia to grant exemption, where appropriate, from the restriction imposed on issuance of unconditional bonds; Now, therefore, in […]

LICENSING AND SUPERVISION OF INSURANCE BUSINESS AMENDMENT TO INVESTMENT OF INSURANCE FUNDS DIRECTIVE NO. SIB/52/2020 Whereas, insurance’ companies mobilize significant financial resources predominantly in the form of premiums on insurance policies; Whereas, a significant portion of these financial resources is usually invested by insurance companies in income-earning assets in order to maximize profits; Whereas, insurance […]

LICENSING AND SUPERVION OF THE BUSINESS OF FINANCIAL INSTITUIONS DOWNLOAD (.pdf) Regulation of Mobile and Agent Banking Services Directives No. FIS /0112012 Whereas, use of

PROCLAMATION No. 807/2013 PROCLAMATION TO AMEND THE CAPITAL GOODS LEASING BUSINESS PROCLAMATION WHEREAS, it has became necessary to amend the Capital Goods Leasing Business Proclamation

Addis Ababa: March 24, 2012 (FBC) The National Bank of Ethiopia announced that it has issued a new payment system guidance. The new policy is

ethiopia Home Article Ethiopia’s central bank embraces fintech, mobile payments for operators 23h | Melanie Mingas New legislation passed in Ethiopia will allow telecommunications companies

A Directive to License a Takaful Operator or Authorize a Takaful Window Operator No. STB/1/2020

Prohibition of Issuance of Certain Types of Bonds by Insurance Companies Directive No. SIB/51/2020

AMENDMENT TO INVESTMENT OF INSURANCE FUNDS DIRECTIVE NO. SIB/52/2020

2009/10 (2002 E.C.) Council of Ministers Regulations

Regulation of Mobile and Agent Banking Services National Bank of Ethiopia Directives No. FIS /0112012

Capital Goods Leasing Business (Amendment) Proclamation No. 807/2013

Ethiopia Devalues Currency by 15 Percent to Boost Exports – The New York Times

The National Bank of Ethiopia has issued a new payment system guidance

Ethiopia’s central bank embraces fintech, mobile payments for operators

LICENSING AND SUPERVISION OF INSURANCE BUSINESS Statutory Deposit Directive No. SIB/50/2020