@addisstandardeng · Post #21045 · 12.01.2026 г., 10:30
#Policy_Brief: #Ethiopia’s Banking Sector Transition to Basel II and III: Critical assessment of #NBE’s new directive In November 2025, the National Bank of Ethiopia (NBE) issued Directive No. SBB/95/2025, transitioning the banking sector toward Basel II and III frameworks. While officials view this as a “mark of maturity,” author Hassen Mama Muse contends that “implementing such a complex system in an economy with limited data infrastructure and human capital may outweigh the perceived benefits.” He argues the directive “grafts a highly sophisticated, Western-centric regulatory model onto a developing financial system that lacks the requisite infrastructure,” citing a global history of “technocratic failure.” Hassen cautions that success rests on “prioritizing simplicity, transparency, and domestic economic stability over technocratic elegance,” emphasizing that for Ethiopia, “resilience must be real, not merely compliant on paper.” https://addisstandard.com/?p=54480
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