The National Bank of Ethiopia (NBE) has recognized those who have played a constructive role in the currency exchange process and contributed significantly to its success.
The Governor of the Bank, Dr. Yinager Dessie, said during a recognition ceremony for those who played a key role in the success of the currency conversion process. 72.2 million people to open new savings accounts As a result, it has saved 126 billion birrs.
The new note also identifies criminals involved in the financial system, money laundering, and black market, and allows the country to fight money laundering. The governor of the National Bank of Ethiopia (NBE) said it has been instrumental in facilitating the identification of the notes and promoting the country’s natural resources.
On the other hand, the new 200 birr note, which was introduced into the financial system, not only satisfied the public but also helped to reduce the cost of printing large banknotes.
He also called on the public to take the necessary precautions to ensure that their service life is not shortened by not writing on them.
The Bank’s accredited institutions include the Office of the Prime Minister, Ethiopian Airlines, the Federal Police, the Armed Forces, the Ethiopian Media Authority, and micro and small enterprises.