NBE Demands Investment-Grade Rating for Foreign Banks
[Addis Fortune - Ethiopia] - 29/06/2025
The National Bank of Ethiopia (NBE) has issued a new directive requiring foreign banks to hold an investment-grade rating of at least BBB from Standard & Poor’s or Fitch, or BAA from Moody’s, as a precondition for entering the local banking sector. The directive, which revises licensing and (…)
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