Business
November 29, 2021
National Bank of Ethiopia Fully Lifts Loan Restrictions
By
Addis Insight
National Bank of Ethiopia Fully Lifts Loan Restrictions
The loan restrictions that were implemented for the last four months have been lifted completely, the National Bank of Ethiopia (NBE) reminded today.
The National Bank has ordered banks to provide loan service to all their customers,
It is to be recalled that the restriction was imposed to prevent “economic sabotage,” and it was implemented following the widening of the gap in the transaction of black market and legal foreign currency.
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