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Erudite AfricaCenter of Excellence
← Ethiopian Banking Law and Regulation

The NBE and its mandate

Module 02 / 5 · 50 min

Understand what NBE Proclamation No. 1359/2025 asks the central bank to do, how it is governed, and how its directives reach every branch.

In this module you will learn to

  • State the NBE's objectives in their legal order of priority
  • Describe the NBE Board, the Monetary Policy Committee and the Financial Stability Committee
  • Explain the limits on NBE lending to government
  • Recognise the NBE powers that affect customers directly, such as consumer protection and the crypto payment ban
  • Read a directive number and tell which area it covers

Built on

  • Erudite Africa Ethiopian Context course specification: 1.a Ethiopian Banking Law and Regulation, Level 1 (October 2026)
  • Erudite Africa Ethiopian Context programme overview and regulatory register (October 2026)
  • National Bank of Ethiopia Proclamation No. 1359/2025 and Banking Business Proclamation No. 1360/2025
  • NBE directives as listed in the lessons: SBB/72/2019, SBB/87/2024 to SBB/92/2024, SBB/93/2025, SBB/94/2025, SBB/95/2025, SBB/99/2026, NBE/INT/13/2026, FXD/01/2024, FCP/01/2020
  • NBE Monetary Policy Committee meeting No. 7 press release (13 July 2026)
  • Capital Market Proclamation No. 1248/2021 and ECMA Directive No. 980/2024

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.