BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Central Banks Worldwide  »  National Bank of Ethiopia National Bank of Ethiopia The National Bank of Ethiopia is the central bank of Ethiopia. Its head office are in the capital city of Addis Ababa. The bank's name is abbreviated to NBE.   NBE are embarked on the market-based economic policy so that it could foster monetary stability, a sound financial system and such other credit and exchange conditions as are conductive to the balanced growth of the economy of the country. The Bank's supervisory area are included other financial institutions such as insurance institutions, credit cooperatives and investment-oriented banks. The following are some of the powers and duties vested in the Bank by proclamation 83/1994.     Carry out extensive and sound institutional transformation tasks;     Maintain price and exchange rate stability;     Maintain adequate international reserves;     Improve the soundness of the financial system;     Play a decisive role in economic research and policy advice to the Government;     Create efficient Payment System; and     Improve the currency management of the Bank. Mission of the NBE is to maintain price and exchange rate stability, to foster a sound financial system and undertake such other functions as are conducive to the economic growth of Ethiopia. The currency of Ethiopia is Ethiopian birr.   National Bank of Ethiopia HQ Address: Sudan Avenue Addis Ababa Ethiopia Telephone: +251 11 551 7438 Facsimile: +251 11 551 4588 Website: www.nbe.gov.et Swift Code: NBETETAA Currency: Ethiopian birr Banking Hours: Sunday - Thursday : 8.00am - 4.00pm     The National Bank of Ethiopia has to ensures, through the application of modern management practices and technology, that all its activities are conducted effectively and efficiently. DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved