NBE Leads Week-Long Bank Supervision Application Forum

Jul 13 , 2025

The National Bank of Ethiopia (NBE) is hosting a week-long Bank Supervision Application (BSA) User Group meeting that began on July 7, 2025. The BSA system, developed by a pan-African consortium of central banks including the NBE, automates supervisory work for financial regulators. NBE will take over the rotating BSA chairmanship in September. Opening the session, Frezer Ayalew, Director of Bank Supervision, stressed the need for modern tools to handle growing regulatory demands amid cybersecurity risks, new technologies, changing business models and geopolitical uncertainties. Over 70 participants from 17 African countries and beyond are attending the meeting, which aims to boost collaboration and knowledge-sharing among regulators.