Ethiopian News, Current Affairs and Opinion Forum
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temari
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Posts: 3885
Joined: 28 Dec 2014, 21:18

Governor of the National Bank (Central Bank) unveils the new bank directives (Stock market to start next year)

Post by temari » 18 Aug 2020, 17:27

- Depositing more than 1.5 million birr outside the bank system is now illegal.
- Banks are allowed to borrow directly from abroad.
- Stock exchange is coming (in final stage)
- Non-banking companies are allowed to do banking services such as ATMs and others
- Regional Micro finance institutions are now allowed to transform themselves into full banks

Last edited by temari on 21 Aug 2020, 12:19, edited 2 times in total.
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Afdeyu
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Posts: 540
Joined: 03 Nov 2019, 10:16

Re: Governor of the National Bank (Central Bank) unveils the new bank directives

Post by Afdeyu » 18 Aug 2020, 21:06

The bank needs to change the birr note and get the stolen corruption money Accumulated outside the banks domain—out off service
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temari
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Posts: 3885
Joined: 28 Dec 2014, 21:18

Re: Governor of the National Bank (Central Bank) unveils the new bank directives

Post by temari » 21 Aug 2020, 12:18

Stock exchange to be launched next Ethiopian year (2013)

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