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Bank of Eritrea: Wikis


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Bank of Eritrea
Headquarters Asmara, Maekel, Eritrea
Established 1914
Governor Kibreab Woldemariam (acting)[1]
Central Bank of  Eritrea
Currency Eritrean Nakfa
ISO 4217 Code ERN

The Bank of Eritrea is the central bank of Eritrea. The bank is located in Asmara, the capital. The central bank is interested in encouraging foreign investment and in importing capital goods such as industrial machinery and agricultural equipment.[1] The Central Bank of Eritrea, though a government entity, is independent from the Ministry of Finance; its governor and policy committee formulate and implement policy with input from the Ministry of Finance. All though travellers are permitted to bring foreign currency into the country, all transactions are to be made in Nakfa.[2]

See also




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