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National Bank of Ethiopia Financial Consumer Protection Directive No. FCP/01/2020

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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,

National Bank of Ethiopia Directive on Gold Trading Directive

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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 Directives to Authorize Banks to Hold Issue Accounts

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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

National Bank of Ethiopia Bank Corporate Governance Directives No. SBB-71-2019

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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

NBE board approves primary market directive – capital Newspaper

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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

National Bank of Ethiopia Insurance Corporate Governance Directive

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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 amends bank executives’ directive

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SOURCE: CAPITAL NEWS The National Bank of Ethiopia (NBE), replaces the ‘requirement for persons with significant influence in a bank’…

Requirements for Persons with Significant Influence in a Bank Directives No. SBB 79-2021 (2nd Replacement)

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National Bank of Ethiopia Licensing and Supervision of Banking Business Requirements for Persons with Significant Influence in a Bank Directives…

National Bank of Ethiopia Open Market Operations and Standing Facilities Directive No. MFAD-OMO&SFs-001-2021

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National Bank of Ethiopia Open Market Operations and Standing Facilities Directive No.MFAD/OMO&SFs/001/2021 Whereas, the National Bank has the powers and…

Minimum Capital Requirement for Banks (Amended) Directive No. SBB/78/2021

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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 financial resilience and soundness of banks and the banking system; WHEREAS, existence of strong, capable and well capitalized

Establishment and Operation of Foreign Currency Account for Non-Resident Ethiopians and Non-Resident Ethiopian Origin (as Amended) Directive

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Establishment and Operation of Foreign Currency Account for Non-Resident Ethiopians and Non-Resident Ethiopian Origin (as Amended ) DIRECTIVE NO. 784/2021 Whereas, it is necessary to

Capital Goods Finance Operational Modality (Amendment) Directive

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In a lease agreement between the lessee and the company, the periodic lease installment payment shall be set in writing with detail schedule of payments during the lease term in Ethiopian Birr

Directives for Amendment of External Loan and Supplier’s Credit Directives No. FXD-47-2017

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Directives  No. 801/2021 Directives for Amendment of External Loan and Supplier’s Credit Directives No. FXD/47/2017 Whereas, the National Bank of Ethiopia is vested by its

National Bank of Ethiopia National Digital Payment Strategy

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Executive Summary Ethiopia has enthusiastically embarked on a nationwide digital transformation that offers vast potential benefits for its people. This National Digital Payments Strategy (NDPS)

National Payment System (Amendment) Draft Proclamation 2022

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Proclamation No.—-/2022 National Payment System (amendment) Proclamation Whereas, it has become necessary to amend the National Payment System proclamation No. 718/2011 to enhance the regulatory framework for new developments, changes and innovations […]

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