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

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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 […]

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