NBEthiopia

Taking a moment to reflect on the launch of Ethiopia’s transformative remittance campaign, “DEBO,” under the guidance of the National Bank of Ethiopia (NBE). Over the next six months, Ethiopian banks, in collaboration with the NBE, will work together to encourage Ethiopians abroad to remit funds through legal banking channels. In this campaign, banks are offering attractive rates, the ability to open accounts in local or foreign currency, and various savings and lending products linked to remittances—like mortgage loans, vehicle loans, and SME loans. To support these efforts, banks have allocated an unprecedented 100 billion ETB. Also featured is NBE's new platform, Unite.et, which allows Ethiopians and foreigners of Ethiopian origin to open bank accounts virtually in Ethiopia, empowering more people to engage in the nation's economy. Watch the full event to learn more about how these new opportunities are shaping Ethiopia's financial landscape!

The staff of the National Bank of Ethiopia is pleased to be part of this year’s Green Legacy Initiative. This initiative about building a green resilient economy. It is an incredible example of smart climate policy. More than anything, it is about ushering a cultural shift—once in which planting trees is as natural as farmers planting crops every year.