
Jun 14 , 2022
Regulators at the central bank have cut reserve requirements for commercial banks down by half to five percent.
It comes less than a year after the banking supervision directorate at the National Bank of Ethiopia (NBE) raised the requirement to 10pc of deposits. The reversal is hoped to ease the liquidity problem the industry faces. Finance Minister Ahmed Shide raised liquidity issues in the banking industry during question time in Parliament a couple of weeks ago.
Banks are compelled to keep their monthly average reserve-to-deposit ratio at no less than seven percent. The updated directive became effective last week.
Radar | Sep 10,2022
News Analysis | Dec 02,2023
Fortune News | Jun 29,2025
Fortune News | Jan 01,2022
Radar | Mar 11,2024
Radar | Apr 24,2023
Fortune News | Nov 29,2020
Money Market Watch | Nov 09,2024
Fortune News | Dec 17,2022
Fortune News | Mar 14,2020
My Opinion | 131548 Views | Aug 14,2021
My Opinion | 127903 Views | Aug 21,2021
My Opinion | 125879 Views | Sep 10,2021
My Opinion | 123510 Views | Aug 07,2021
Jun 28 , 2025
Meseret Damtie, the assertive auditor general, has never been shy about naming names...
Jun 21 , 2025
A well-worn adage says, “Budget is not destiny, but it is direction.” Examining t...
Jun 14 , 2025
Yet again, the Horn of Africa is bracing for trouble. A region already frayed by wars...
Jun 7 , 2025
Few promises shine brighter in Addis Abeba than the pledge of a roof for every family...