- New platform enables secure, short-term borrowing and lending among banks, enhancing liquidity management
- National Bank of Ethiopia aligns with global standards in financial infrastructure modernisation
Addis Ababa, Ethiopia – The National Bank of Ethiopia (NBE) has officially launched its online Interbank Money Market (IMM) platform, marking a pivotal advancement in the country’s financial sector. This initiative aligns with Ethiopia’s transition to an interest-rate-based monetary policy framework, providing a structured avenue for banks to borrow and lend funds over short terms, ranging from one to seven days, to better manage liquidity.
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