NBE new replacement directive on Reserve Requirements

Directive updates reserve requirements for all banks operating in Ethiopia.
It replaces the previous SBB/84/2022 with a modernized statutory reserve framework. 

Banks must maintain a 10% monthly average reserve.
This is calculated on the previous month’s deposit base to absorb excess liquidity.

A 5% daily minimum reserve is required at all times.
The daily floor remains throughout the maintenance period to ensure stability. 

Phased compliance schedule for banks is introduced.
Two categories of banks must reach full 10% average reserve by March or June 2026. 

Strict reporting and penalties for non-compliance are set.
Banks must submit monthly reports, with fines and administrative sanctions for shortfalls. 

You can download the full regulation file here:  https://wahidbusinessnews.com/admin-dashboard/admin_app/resourcesmodel/23/change/