2023-04-25
Added · Updated
Micro-finance institutions must maintain liquid assets equal to at least 20 percent of their total deposits at all times. This requirement applies to institutions that have re-registered with the National Bank of Ethiopia or have total deposits of one million birr or more. Affected entities are required to submit a quarterly Liquidity Report to the Supervision Department within three weeks after the end of each month. These directives come into force on May 1, 2002.