liquidity

By Samuel Abate The National Bank of Ethiopia has denied the cash shortages in commercial banks. In Ethiopia, especially private banks have been described in various ways as having a shortage of cash. Several media reported that bank institutions did not give cash to their customers. The National Bank, which is participating in the sixth East African Financial Conference, responded to the matter. According to the Deputy Governor of the National Bank, Mr Solomon Desita, "The information that private banks in Ethiopia are facing a shortage of cash is false." He also added that we have heard five banks are facing…