Governor Eyob Unleashes Forex Reforms, Including Profit Repatriations Through Banks
Investors are now allowed to repatriate dividends through domestic banks without prior Central Bank approval, enabling foreign direct investment (FDI) companies, embassies, and international organisations to open foreign currency accounts at commercial banks without bureaucratic hurdles.
This is part of a trigger on the most far-reaching foreign currency reforms in decades the National Bank of Ethiopia (NBE) has pulled today, February 11, 2026, shaking up the rules for exporters, investors, banks, and individuals alike.
The liberalisation measure has long been demanded by domestic and...