Ethio Telecom introduces digital share marketplace
Ethio Telecom officially launched this week a telebirr based Digital Financial Marketplace that enables banks, microfinance, insurance, and…
banks
Majority Ethiopians still have no access to credit
Despite the increase in the number of banks, microfinances and their branches over the last 25 years, the…
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
Ethiopia shuts banks in Tigray after “TPLF robbery”
The National Bank of Ethiopia (NBE) has closed all banks branches in Tigray Region of Ethiopia following “robbery…
Ethiopia’s private banks profit exceeds state giant CBE
The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of…
How to convert COVID-19 to opportunity in Africa
BY ANDUALEM SISAY GESSESSE – They say every challenge brings opportunities. For the past few months we have…
Ethiopia banks capital hikes 8%
The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1…
Commercial Bank of Ethiopia struggles to make profit in Djibouti
By Andualem Sisay Gessesse – Djibouti – Commercial Bank of Ethiopia (CBE), which reopened its branch in Djibouti…
Ethiopia’s banking industry grows double digit
A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a…