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A Complete Guide on Payment System Operator License Process

Published by | National Bank of Ethiopia
Published on | 16 November 2024

About the policy

The "Complete Guide on Licensing Process" by the National Bank of Ethiopia provides a detailed and comprehensive overview of the procedures and requirements for obtaining various financial licenses in Ethiopia. This guide outlines the steps involved in the licensing process, including documentation, compliance standards, and regulatory obligations. It serves as an essential resource for financial institutions, fintech companies, and other stakeholders seeking to navigate the regulatory landscape in Ethiopia. The guide aims to ensure transparency and facilitate a smoother licensing experience by providing clear instructions and necessary information for applicants.

About the author

Over the course of past eight decades—which have seen several changes in government, ten central bank Governors, and multiple forms of currency notes and coins—the NBE has been entrusted with carrying out a significant set of responsibilities: administering the nation’s monetary policy, providing its bank notes and coins, acting as a banker for the government, supervising the banking sector, managing the exchange rate as well as foreign exchange reserves, and undertaking economic research.

policy and regulation
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