National Bank of Ethiopia | The Abay Times

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Amhara Bank Names Dashen Veteran Yihnalem as New CEO

The National Bank of Ethiopia (NBE) has approved the appointment of Yihnalem, a 25-year veteran of Dashen Bank, as the new Chief Executive Officer of Amhara Bank , one of the fastest-growing lenders in the country's private banking sector.

Aug 12 · 3 min read

Amhara Bank Names Dashen Veteran Yihnalem as New CEO

Business

NBE Governor Outlines Financial Sector Overhaul at International Economic Meetings

National Bank of Ethiopia (NBE) Governor Eyob Tekalign presented the country's comprehensive financial sector reform agenda to senior international officials at the IMF-World Bank Spring Meetings, ...

Apr 15 · 2 min read

Business

Ethiopia, Afreximbank Strengthen Partnership to Advance Africa's Economic Self-Reliance

Ethiopia and the African Export-Import Bank (Afreximbank) have intensified high-level cooperation aimed at reducing Africa's external economic vulnerabilities and strengthening continental financia...

Apr 13 · 2 min read

Business

Ethiopian Microfinance Sector Faces Liquidity Crisis as Credit Limits on Banks Squeeze Rural Lending

The Association of Ethiopian Microfinance Institutions (AEMFI) has urged the National Bank of Ethiopia to open a special refinancing window for the microfinance sector, warning that liquidity press...

Apr 11 · 3 min read

Business

NBE Caps Insurance Company External Auditor Tenure at Six Years Maximum

The National Bank of Ethiopia (NBE) has capped external auditor tenure for insurance companies at a maximum of six years, structuring the limit as two three-year terms with mandatory competitive bi...

Mar 30 · 1 min read

Business

Ethiopia Introduces Fuel Conservation Measures as Hormuz Crisis Drives Oil Above $100

Ethiopia's federal government has introduced fuel conservation measures as the ongoing Iran conflict disrupts oil transit through the Strait of Hormuz, pushing global crude prices above $100 per ba...

Mar 24 · 1 min read

Business

Ethiopia's Inflation Falls to 9.7% in February as Monetary Reforms Show Results

Ethiopia's inflation rate dropped to 9.7% in February 2026, marking a significant decline from previous highs as the country's monetary reforms and currency liberalization begin to show stabilizing...

Mar 23 · 2 min read

Business

NBE Pushes Bank Consolidation as Market Share Gap Widens Between Large and Small Lenders

The National Bank of Ethiopia (NBE) is intensifying efforts to consolidate the country's banking sector as the market share disparity between major and smaller lenders continues to widen, according...

Mar 17 · 1 min read