Banks get more lending room as central bank loosens annual credit limit
https://addisstandard.com/banks-get-more-lending-room-as-central-bank-loosens-annual-credit-limit/
(Photo: Michele Spatari/Bl) Addis Abeba –The central bank has eased the annual credit growth restrictions on commercial banks, enabling financial institutions to extend more loans to their clients. In a statement released on 31 December, 2024, the National Bank of Ethiopia (NBE) disclosed that the annual credit growth ceiling was raised from 14% to 18%. The …
https://addisstandard.com/banks-get-more-lending-room-as-central-bank-loosens-annual-credit-limit/
(Photo: Michele Spatari/Bl) Addis Abeba –The central bank has eased the annual credit growth restrictions on commercial banks, enabling financial institutions to extend more loans to their clients. In a statement released on 31 December, 2024, the National Bank of Ethiopia (NBE) disclosed that the annual credit growth ceiling was raised from 14% to 18%. The …