The National Bank of Ethiopia said it was recognized at the Central Banking Awards 2026 in the Payments and Market Infrastructure Development – Wholesale category for establishing and operationalizing a modern Central Securities Depository. The platform supports open market operations, the treasury market, securities settlement and Ethiopia’s broader capital market development as the country moves toward an interest rate-based monetary policy framework and a more market-oriented foreign exchange regime. According to the release, the Central Securities Depository enables electronic safekeeping, transfer, clearing, settlement and reporting of securities, replacing paper-based processes with a dematerialized market structure. It supports government securities, primary market activity, equities, secondary market trading and the National Bank of Ethiopia’s monetary policy operations, while allowing delivery-versus-payment settlement in central bank money and supporting collateral and liquidity management through auctions and standing facilities. Integrated with the Ethiopian Securities Exchange trading platform and complemented by the TSEGA Portal for the retail primary market, the system now serves more than 3,000 active traders, seven issuers and 41 participating institutions.
National Bank of Ethiopia2026-06-12
National Bank of Ethiopia receives Central Banking award for wholesale market infrastructure development through central securities depository
The National Bank of Ethiopia said it received a Central Banking Awards 2026 recognition for wholesale payments and market infrastructure development linked to its Central Securities Depository. The system supports electronic securities custody and settlement, including delivery-versus-payment in central bank money, and underpins Ethiopia’s monetary policy operations and capital market development. It currently serves more than 3,000 active traders, seven issuers and 41 participating institutions.