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
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