SBB/65/2017 Limitations on Investment of Banks (as Amended)

The National Bank of Ethiopia has issued Directive No. SBB/65/2017, which sets limitations on the investment activities of banks in Ethiopia, aiming to ensure sound and prudent practices in risk management and to maintain focus on core banking business. The directive outlines specific restrictions and requirements for banks' investments in non-banking businesses, insurance, real estate, and securities, and requires banks to report their equity investments and develop investment policies.