Licensing, Credit Information and Examination Fees of microfinance Institutions Directive No. MFI/34/2022

The National Bank of Ethiopia has issued Directive No. MFI/34/2022, which outlines the licensing, credit information, and examination fees for microfinance institutions in Ethiopia, including application, licensing, and renewal fees, as well as annual examination fees ranging from Birr 25,000 to Birr 50,000 based on institution size. The directive, effective as of October 5, 2022, aims to improve the National Bank's service quality and revise existing fees for microfinance institutions.