New bank set to enter Ethiopia market
Goh Betoch Bank, a new financial institution that aims to reintroduce mortgage banking (loan for housing construction) in Ethiopia, offers its share tRead More…
Tag: Banking
Ethiopia opens banking business for foreigners with Ethiopian descent
The House of Peoples’ Representatives (Ethiopian Parliament), in its second urgent session today, has approved draft proclamations of banking. (moRead More…
Ethiopia’s state bank deposit surpasses $17 billion
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently appointed president of EBE.
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Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms within Read More…
Banking in Ethiopia remains promising in the face of adversity
The banking sector in Ethiopia remains promising through it has been changed by both infrastructure and stringent policies and regulations, says veterRead More…
Addis host Ethiopia Banking, Information Communications Technology Summit
Aiming at familiarizing banking professionals with the latest industry trends and technology solutions for emerging challenges in the banking industryRead More…
Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing ones conRead More…