JMR Infotech has announced its commitment to supporting Ethiopian banks in implementing the National Bank of Ethiopia’s (NBE) Recovery Plan of Banks Directive No. SBB/93/2025.
The directive requires all banks operating in Ethiopia to prepare credible recovery plans to withstand severe financial stress without relying on government bailouts. The first submission deadline is January 13, 2026, with penalties of Birr 100,000 for failing to submit a plan and Birr 50,000 for delays in updating one.
Aligned with global Basel III standards, the directive underscores the importance of early distress detection, continuity of critical banking functions, and strong governance.
Banks are required to address recovery triggers such as Capital Adequacy Ratio (CAR), Liquidity Coverage Ratio (LCR), and Non-Performing Loan (NPL) ratio, while also incorporating stress testing, scenario analysis, recovery strategies, and governance frameworks.
“The NBE’s Recovery Plan Directive is a significant step towards strengthening Ethiopia’s financial ecosystem,” said Suresha Ramachandra Iyer, President & Head – Enterprise Risk and Analytics, JMR Infotech.
“At JMR Infotech, we are committed to empowering Ethiopian banks with the right tools, expertise, and frameworks to not only achieve compliance but also build long-term resilience,” he added.
With over two decades of experience in banking technology, JMR Infotech has partnered with financial institutions across Africa, Asia, the Americas, Europe, the Middle East, and Oceania.
Leveraging its global expertise and Oracle’s regulatory, risk, and compliance solutions, the company will help Ethiopian banks strengthen liquidity risk management under stress, conduct robust stress testing, and build integrated data foundations to ensure timely compliance with the NBE directive.
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