A new report by Backbase, the global innovative banking solutions provider, highlights the need for tailored products in Ethiopia banking…
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Hibret Bank of Ethiopia profits grows 15 percent
Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private banks in…
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Ethiopia limits cash withdrawal from banks
With the aim of fighting tax avoidance and illegal circulation of money, the National Bank of Ethiopia (NBE) today introduced…
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Banking expansion in Ethiopia, inherent shortcomings
BY ABEBE WOLDE GIORGIS – Currently, the banking industry in Ethiopia is growing rapidly in terms of accessibility, asset development,…
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Ethiopia to allow diaspora invest in banking, insurance
The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, is set…
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