An Initiative by the National Bank of Ethiopia

DEBO | ደቦ

The National Bank of Ethiopia has launched Debo, an awareness initiative aligned with the new Foreign Exchange Directive 01/2024. The initiative aims to educate the Ethiopian Global Community on the reforms, offering clear guidelines and benefits for using Foreign Currency Accounts (FCY) and legal remittance systems. By promoting understanding and adoption of these policies, Debo seeks to strengthen Ethiopia’s economic growth.

Launch Event

5th September 2024
10:00 AM-05:00 PM
Ethiopian Skylight Hotel

Addis Ababa, Ethiopia

National Bank of Ethiopia

FOREIGN EXCHANGE DIRECTIVE NO. FXD/01/2024

JULY 2024

5th September

10AM-5PM

Financial institutions will showcase their remittance solutions and services, while other entities will highlight various products designed for the global Ethiopian community.

 This exhibition aims to demonstrate the diverse financial tools and resources available to support the community’s needs.

24 October

2:30PM-6:30PM

DEBO Campaign: Remittance Awareness Session

Organized by the National Bank of Ethiopia in collaboration with the Ethiopian Embassy in Washington, D.C. This session aims to engage the Ethiopian diaspora and highlight the importance of using formal remittance channels to support Ethiopia’s economic stability.

Participants will hear from key speakers, including the Governor of the National Bank of Ethiopia, and have the opportunity to explore remittance solutions offered by local banks. The session will include panel discussions, presentations, and an open forum for community feedback, fostering an open dialogue on improving remittance practices.