About Us - Our Story

Six decades of building
financial sector capability.

Established in 1966, the Ethiopian Academy of Finance (EAF) has evolved alongside the nation’s financial sector into an institution of the National Bank of Ethiopia. Today, EAF delivers demand-driven learning, research, and innovation through upgraded physical and digital infrastructure equipping Ethiopia’s current and future financial leaders with world-class online, hybrid, and in-person education.

Our Mission

To transform and elevate the Ethiopian Financial Services Industry by delivering specialized technical training, comprehensive engagement programs, and cutting-edge research and development initiatives tailored to the unique needs of Ethiopia’s financial sector.

Our Vision

Creating a thriving Ethiopian Financial Services Industry by advancing knowledge, skills, and innovation.

Our Story

Founded in 1966 as the Ethiopian Institute of Banking Studies, the institution now known as EIFS has served Ethiopia's financial sector through nearly six decades of training, professional development and institutional capacity building.

Its evolution through EIBS, EIBI, EAFS and EIFS reflects Ethiopia's changing financial landscape and the growing need for a stronger, more specialized learning institution to support banks, insurers, microfinance institutions, regulators, capital market actors and emerging financial-sector professionals.

As EIFS reaches its 60th anniversary, it is entering a new chapter as the "Ethiopia Academy of Finance." This transformation is more than a change of name. It is a renewed commitment to building the knowledge, skills and innovation needed to support a thriving Ethiopian financial services industry.

The Academy will deliver specialized training, professional learning pathways, engagement programs, research and development initiatives tailored to Ethiopia's financial-sector priorities, including banking, digital finance, capital markets, governance, compliance, risk management, insurance, microfinance and central banking.

Ethiopia Academy of Finance — 60 Years Diamond Jubilee

EIBS 1966

Ethiopian Institute of Banking Studies

EIBI 1976

Ethiopian Institute of Banking and Insurance

EAFS 2007

Ethiopian Academy of Financial Studies

EIFS 2009

Ethiopia Institute of Financial Studies

WHY EAF?

A National Platform for
Professional Growth.

View Senior Leadership of EAF

An institution of the National Bank of Ethiopia

EAF is fully owned by NBE and is being strengthened as a national centre for financial-sector learning, professional development, research and innovation.

Financial-sector tailored learning

Demand-driven programmes designed around the evolving capability needs of Ethiopia’s financial sector, from career entry to advanced and specialist development.

Multichannel learning

Accessible learning through in-person, hybrid and online delivery, supported by a learning management system, smart learning environments and upgraded physical infrastructure.

Research and innovation

Training-oriented research, workforce and market insight, innovation and strategic partnerships that support evidence-based policy, practice and sector development.

Institutional Governance