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National Bank of Ethiopia
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About Us
The National Bank of Ethiopia is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion.
Modern banking in Ethiopia was first introduced in 1906 when the Bank of Abyssinia was established based on the agreement being reached between the Ethiopian government and the British owned National Bank of Egypt. Bank Abyssinia was inaugurated on February 16, 1906.
VISION OF THE BANK
To be a trusted guardian of Ethiopia’s monetary and financial systems.
MISSION OF THE BANK
To maintain price and external stability while ensuring a safe, modern, and inclusive financial system.