Banking – New Business Ethiopia

Ethiopia opens door for foreign mortgage banks

The Government of Ethiopia expressed its willingness to open its banking sector for foreign banks engaged in financing housing (mortgage

Addis International Bank, one of the sixteen private banks operating in Ethiopia, has announced a total of 274.2 million Birr

Compared with the preceding year, the annual gross profit of Zemen Bank Share Company, one of the 16 private banks

During the financial year concluded June 30, 2020, Wegagen Bank, one of the private banks in Ethiopia, has reported annual

Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks in Ethiopia,

Dashen Bank Share Company, one of the 16 private banks operating in Ethiopia, has reported annual gross profit of 1.79

Compared to the previous year, annual profit of Bunna International Bank of Ethiopia has declined by about 43 million Birr

The National Bank of Ethiopia (NBE), financial sector regulatory body of the country, today passed a directive that allows local

Goh Betoch Bank, a new financial institution that aims to reintroduce mortgage banking (loan for housing construction) in Ethiopia, offers