Commercial Bank of Ethiopia, Awash Bank, and Abyssinia Bank are top suppliers of forex in the 4th quarter of 2020/21.

A total of 17.4 million USD forex was sold in the market for 2020/21. 61% of this was supplied by CBE (34%), Awash (14.5%), and Abyssinia Bank (12.3%), with Awash and Abyssinia showing decrease in amount of forex sales from last year.

Forex Disbursed in the quarter (in million USD)

  • 6,022.7 CBE (34%)
  • 2,510 Awash Bank (14.5%)
  • 2,137.6 Abyssinia Bank (12.3%)

Source: NBE 4th Quarter Bulletin 2020/21


The opinions expresses here in the post "Top Players in Foreign Exchange Market in Ethiopia 4th Quarter" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


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