The Reporter Ethiopia

7/13/2026

Web, Ethiopia

Central Bank Lifts Credit Cap, Eases Forex Surrender Rules

The National Bank of Ethiopia (NBE) has removed restrictions on how much commercial banks can lend nearly three years after it first introduced the credit growth cap in August 2023. The move was announced in a statement issued following a Monetary Policy Committee meeting, in which regulators hailed a “successful transition to an interest-based policy […]

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