Bank of Eritrea

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.^[2] 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. Although travellers are permitted to bring foreign currency into the country, all transactions are to be made in Nakfa.^[3]

Bank of Eritrea
ባንክ ኤርትረ

The Bank of Eritrea Building in Asmara
Headquarters	Asmara, Maekel, Eritrea
Established	1914
Ownership	100% state ownership[1]
Governor	Kibreab Woldemariam [2]
Central bank of	Eritrea
Currency	Eritrean Nakfa ERN (ISO 4217)
Website	www.boe.gov.er

Governors

• Andebrhan Welde Giorgis, 1993-1994^[4]
• Tekie Beyene, 1994-2003-?
• Kibreab Woldemariam, ca. 2005^[5] -

See also

• Banking in Eritrea
• Central banks and currencies of Africa
• Economy of Eritrea
• Eritrean nakfa, the unit of currency
• List of central banks

• Banks portal