Bank of Eritrea
Monetary authority of Eritrea
From Wikipedia, the free encyclopedia
The Bank of Eritrea (BOE) 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]
The Bank of Eritrea Building in Asmara | |
 | |
| Central bank of | Eritrea |
|---|---|
| Headquarters | Asmara, Maekel, Eritrea |
| Established | 1914 |
| Ownership | 100% state ownership[1] |
| Governor | Kibreab Woldemariam [2] |
| Currency | Nakfa ERN (ISO 4217) |
| Website | www.boe.gov.er |
