NEWS: NBE Removes Credit Cap, Reduces FX commission rate, Raises Policy Rate Amid Inflation Pressure
NEWS: Ethiopia Exports Hit Record USD 10.7bn, Beating Target by 14%
NEWS: OLA Energy Acquires Nearly 120 TotalEnergies Stations in Ethiopia
NEWS: CBE Reports Birr 80bn Profit as Deposits Top Birr 2.4tn
NEWS: Ethiopia Exceeds USD 3bn Coffee Export Target Within Fiscal Year
NEWS: IMF Approves USD 464m Ethiopia Disbursement as ECF Support Hits USD 2.65bn
NEWS: Awash Bank Posts Birr 40.7bn Profit After ESX Listing
NEWS: Ethiopia Flags 374,229 Non-Compliant Businesses After 2.89m Inspections
NEWS: Dangote Signs USD 400m XCMG Deal for Refinery Expansion
NEWS: Ethiopia’s 100,000 EVs Push Insurers Toward Risk-Based Pricing
Regulations - Financial

NBE Holds Off Credit Cap Lifting as MPC Cites Global Uncertainty

Apr 03, 2026
NBE Holds Off Credit Cap Lifting as MPC Cites Global Uncertainty
  • National Bank of Ethiopia maintains credit growth cap at 24%

  • Decision taken by Monetary Policy Committee (MPC) in March 2026 review

  • Policy framework introduced in 2023 at 14%, later revised to 18% on January 2025, and to 24%on September 2025

  • Inflation remains above 20%, cited in policy considerations

  • Banks required to limit annual lending growth to current cap level (24%)

  • Global economic uncertainty cited as key factor in maintaining policy

  • Private sector credit demand continues to exceed regulated supply

  • No timeline announced for further adjustment or removal of the cap


why it matters?
Maintaining a 24% lending cap continues to regulate credit expansion, affecting business financing conditions and liquidity across Ethiopia’s banking system.