Regulatory Alerts2023-04-27
Added · Updated
Bank Risk Management Guidelines (Revised)
The National Bank of Ethiopia revised its 2003 risk management framework to establish minimum standards for credit, liquidity, market, and operational risks for all banks operating in the country. All banks must immediately establish a risk management structure reporting to the board or its risk management committee and submit their comprehensive risk management programs for NBE approval. Banks are required to submit updates to these programs within 15 days of their effective dates and are subject to NBE review through off-site analysis, on-site examinations, and risk assessment visits.
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