National Bank of Ethiopia to inject $450 million as liquidity for private banks
Ethiopia declared plans of the National Bank of Ethiopia to inject 15 billion Ethiopian birr ($456 million) as liquidity for private banks to cushion the economy over the impact of the coronavirus.
According to the report: “National Bank of Ethiopia to avail 15 billion birr liquidity for private banks to enable them to provide debt relief and additional loans to their customers in need”.
Related Posts
BUA Foods Eyes Market Leadership with new Multi-Billion Expansion Programme
BUA Foods has unveiled the largest investment programme in its history as it seeks to become Nigeria’s biggest…
By
Madrid Becomes Black & White Engineering’s New Gateway to Southern Europe
Black & White Engineering has expanded its European operations with the opening of a new office in Madrid, Spain,…
Diageo names John Musunga new Managing Director for Africa
Global beverages giant Diageo has named seasoned executive John Musunga as its new Managing Director for Africa. The…
New: Chargebacks911opines Crypto Mainstream Adoption hinges on Consumer Protection
“The cryptocurrency industry is closer to mainstream adoption than many realize, but it is missing a critical element…
Gallery
