Africa Links 24 with Addis3
Published on 2024-11-01 09:10:17
Addis Abeba – The National Bank of Ethiopia (NBE) launched an online interbank money market platform on 31 October, 2024, allowing commercial banks to conduct short-term borrowing and lending transactions.
The platform, operating through the Ethiopian Securities Exchange (ESX), facilitates one-day and seven-day lending operations between banks, according to an NBE statement.
“This initiative marks a significant step…
Read the full article on Addis Standard
