The National Bank of Ethiopia (NBE) is launching a Strategy Plan for the period of 2023-2026 to navigate through the challenges and changes of the modern economic landscape. This plan is a robust framework designed to align the bank’s core activities with international standards while addressing Ethiopia’s distinctive economic circumstances and ambitions.
The Strategy Plan is built around five pivotal objectives that will guide the NBE’s efforts: price and external stability, financial stability, broadening financial inclusion with digitization, operational excellence, and enhanced governance systems. Each objective is backed by comprehensive action plans, Key Performance Indicators (KPIs), and specific targets for the next three years.
Key initiatives include transitioning to a price-based monetary policy using interest rates, expanding the financial sector to include foreign investment and capital markets, and modernizing internal operations to enhance transparency and research capabilities.
The NBE is dedicated to executing these strategic objectives to build a stronger, more equitable Ethiopia.
NATIONAL BANK OF ETHIOPIA