Navigating Ethiopia’s 2025 Banking Reforms
For decades, the Ethiopian financial sector operated under a “developmental state” model characterized by a closed market and rigid regulatory oversight. However, the landscape has fundamentally shifted. With the simultaneous enactment of the National Bank of Ethiopia Proclamation No. 1359/2025 and the Banking Business Proclamation No. 1360/2025, Ethiopia has unveiled a sophisticated, dual-pillared legal architecture. […]
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