To license & supervise banks & hold commercial banks reserves & lend money to them.
National Bank of Ethiopia (NBE): The National Bank of Ethiopia (NBE) is the central bank of Ethiopia. Its primary objective is to formulate and implement monetary and banking policies that promote the stability and development of the country's financial system. The NBE plays a crucial role in regulating and supervising financial institutions, managing the country's foreign exchange reserves, and promoting financial inclusion. The bank's overarching objective is to ensure price stability, foster economic growth, and maintain a stable and sound financial environment within Ethiopia.
The main functions of the national bank include regulating the nation's money supply, acting as a lender of last resort to commercial banks, and providing financial services to the government. It also plays a crucial role in implementing monetary policy, maintaining financial stability, and overseeing the banking system to ensure compliance with regulations. Additionally, the national bank often manages foreign exchange and gold reserves, contributing to the overall economic stability of the country.
NABARD stands for National Bank for Agriculture and Rural Development. It's main functions are sending banks money to refinance what the IRDP ( Integrated Rural Development Programme) lends out to those generating self employment opportunities.
A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.
The only listing for Philippine National Bank is the main branch in Manila. It is PNBMPHMM.
IDBI
A sport that's loved widely in Ethiopia is Soccer :]] The sport that we have a good name in is running.
The main functions of a bank as part of financial intermediation are:accepting deposits from customers and paying them interest on the deposited amountgranting/disbursing loans to customers and received interest for the loan amount
The main industries of Ethiopia include... Oil exportation, Clothing, and leather. Bulls and cows are used to make leather.
ethiopian orthodox
A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.
During the Ottoman Period, there was a famous National Bank of Greece location in Smyrna. With the population transfer in 1923, one of the main casualties were the Greek structures in the now-Turkish Izmir. The National Bank of Greece building still exists, but as a tourist attraction today.