The Ethiopian Securities Exchange is pleased to announce that cumulative transaction volumes on Ethiopia’s Interbank Money Market (IMM) have surpassed 3 trillion Birr marking a major milestone in the country’s ongoing financial sector development and reform efforts. 

Since its launch, the Interbank Money Market has become an increasingly important mechanism for facilitating liquidity management among financial institutions, supporting efficient price discovery, and strengthening the effectiveness of monetary policy transmission within Ethiopia’s financial system. The achievement reflects growing participation by financial institutions and increasing confidence in market-based liquidity management tools. It also demonstrates the continued progress being made toward building a modern, transparent, and efficient financial market infrastructure in Ethiopia. 

Tilahun E. Kassahun (PhD), Chief Executive Officer of the ESX, stated:” The 3 trillion milestone demonstrates the remarkable progress Ethiopia has made in developing a modern money market. The growing use of the Interbank Money Market reflects increasing confidence among financial institutions and highlights the importance of strong market infrastructure in supporting financial sector development. We are proud to work alongside the National Bank of Ethiopia and market participants to deepen Ethiopia’s financial markets and support sustainable economic growth” 

The Interbank Money Market provides a transparent and secure platform through which eligible financial institutions can lend and borrow short-term funds, helping to improve liquidity distribution across the banking sector while contributing to overall financial stability. The market has recorded consistent growth in both transaction volumes and participant activity since its inception. The rapid increase from earlier milestones to ETB 3 trillion in cumulative transactions underscores the accelerating adoption of market-based financial instruments and practices within Ethiopia’s banking sector. 

The Ethiopian Securities Exchange remains committed to supporting the continued development of Ethiopia’s financial markets by providing reliable market infrastructure, promoting innovation, and working closely with regulators and market participants to introduce new products and services that enhance market efficiency. 

As Ethiopia advances its economic reform agenda, the continued growth of the Interbank Money Market represents an important step toward a more dynamic, resilient, and inclusive financial system capable of mobilizing capital and supporting long-term economic development.