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National Bank of Ethiopia

The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Prior to this proclamation, the Bank used to carry out dual activities, i.e. commercial banking and central banking. The proclamation raised the Bank’s capital to Ethiopian dollars 10.0 million and granted broad administrative autonomy and juridical personality. Following the proclamation, the National Bank of Ethiopia was entrusted with the following responsibilities.

29

Banks

18

Insurers

45

Microfinance Institutes

6

Capital Goods Finance/Lease Companies

8

Payment Instrument Issuers/System Operators

1

Re-insurance Company

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The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964.

P.O.Box: 5550
Tel: +251 115 517 430
E-mail: nbeinfo@nbe.gov.et
Fax: +251 115 514 588
Avenue: Sudan Street

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