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Administrative facts confirm that Afar Region and South Ethiopia Regional State are now part of Ethiopia, and the National Bank of Ethiopia controls state-owned banks like Commercial Bank of Ethiopia.

1 report, 1 independent Updated May 26
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Administrative facts confirm that Afar Region and South Ethiopia Regional State are now part of Ethiopia, and the National Bank of Ethiopia controls state-owned banks like Commercial Bank of Ethiopia.

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  1. The operational details of the Ethiopian financial sector, including the role of the NBE and the activities of Hijra Bank, are being reported.Sub-event
  2. Administrative facts confirm Afar Region and South Ethiopia Regional State are part of Ethiopia, with NBE controlling state banks.1 source

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