Ethiopian commercial banks will be required to disclose to customers all fees and commissions relating to forex transactions effective immediately, the central bank has said in a statement. In a statement issued on October 15th, the National Bank of Ethiopia (NBE) said banks are to operate transparently while following international standards and disclose hidden charges…...
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Ethiopian banks to disclose all forex charges to customers, Central Bank says
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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