Ethiopia’s Financial Stability Report is published

The National Bank of Ethiopia (NBE) is publishing its first Financial Stability Report (FSR) to inform key stakeholders about the NBE’s analysis and assessment of key risks as well as its recommendations to mitigate these identified risks.

The report is based on an assessment of risks and stress tests undertaken for the 2022-23 fiscal year (the review period).

The main conclusion of the report is that while the systemic risk level of Ethiopia’s financial sector is low, some risks have increased in the most recent review period, and these warrant appropriate attention and preventive actions to ensure the continued safety and soundness of the financial system.

MLG Communications Team