Central Bank of Eswatini (CBE)
Kingdom of EswatiniThe Central Bank of Eswatini is the monetary authority of the Kingdom of Eswatini, established to foster price and financial stability that is conducive to the economic development of Eswatini, to formulate and implement sound monetary policy to achieve financial stability, to regulate and supervise the financial sector to the end of achieving a sound and efficient financial system, to issue and redeem currency (notes & coins) which is legal tender in Eswatini, to hold and manage foreign reserves in the country, to act as a banker, adviser and agent to the Eswatini Government on monetary and financial matter, to act as a lender of last resort to financial institutions and facilitate development of domestic financial markets, to conduct research on monetary, financial and economic matters to support monetary policy formulation and to strengthen stakeholder relationships.
Geographical Jurisdiction
Kingdom of EswatiniWe regulate and oversee the financial sector; specifically commercial banks and deposit-taking institutions
- Guidance on the application of laws and rules to innovative business models
- Support with authorisation to operate in our jurisdiction
- Live Sandbox testing environment
- Waivers or exemptions, for any entity meeting certain criteria
- Engagement with innovators and/or other third parties (e.g. academics, consultants and other organisations)
- Facilitating hackathons, TechSprints or similar events
Focus Area
** However, we welcome companies to join our sandbox testing environment. International firms applying to the sandbox do not need to partner with Eswatini firms. Sandbox guidelines are provided on: https://www.centralbank.org.sz/fintech/sandbox/
Criteria may differ for domestic services.
