banks – New Business Ethiopia

Study advices Ethiopia not to rush to banking liberalization

December 18, 2020December 18, 2020 newbusinessethiopianews Asia, banking liberalization, banks, China, Commercial Bank of Ethiopia, Development Bank of Ethiopia, Ethiopia, Germany, IMF, inflation, Kenya, Korea, National Bank of Ethiopia, national interest, real deposit rate, Taiwan

As oppose to the push by the international financial institutions, a new study by the renowned professor of Economics at

Ethiopia shuts banks in Tigray after "TPLF robbery"

Ethiopia shuts banks in Tigray after “TPLF robbery”

November 9, 2020November 10, 2020 newbusinessethiopianews Al Jazeera, banks, BBC, Ethiopia, military operations, Prima Minister Abiy Ahmed, robbery, The Guardian, Tigray, TPLF, WHO

The National Bank of Ethiopia (NBE) has closed all banks branches in Tigray Region of Ethiopia following “robbery by the

Ethiopia’s private banks profit exceeds state giant CBE

Ethiopia’s private banks profit exceeds state giant CBE

September 15, 2020September 15, 2020 NBE bank branches, banks, Commercial Bank of Ethiopia, Ethiopia, loans, profit

The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of the state

How to convert COVID-19 to opportunity in Africa

How to convert COVID-19 to opportunity in Africa

March 29, 2020March 30, 2020 Africa, African economies, African Leaders, agriculture, banks, chicken farm, coronavirus pandemic, COVID-19, digital economy, digitalization, domestic resources, e-commerce, Ethiopia, Ethiopian Airlines, Farming, fragile economy, global crisis, import substitute, natural resources, President Trump, self-sufficiency

BY ANDUALEM SISAY GESSESSE – They say every challenge brings opportunities. For the past few months we have been listening

Ethiopia banks capital hikes 8%

January 10, 2019January 10, 2019 Abay Bank, Addis International Bank, Anbessa International Bank, Awash International Bank, Bank of Abyssinia, banks, Berhan Bank, Bunna International Bank, Cooperative Bank of Oromia, Dashen Bank, Debub Global Bank, Enat Bank, Ethiopia, Hibret Bank, National Bank of Ethiopia, Nib International Bank, Oromia International Bank, Wegagen Bank, Zemen Bank

The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1 billion at

Commercial Bank of Ethiopia struggles to make profit in Djibouti

Commercial Bank of Ethiopia struggles to make profit in Djibouti

December 7, 2018December 8, 2018 Bank of Africa, banks, CAC Bank, Commercial Bank of Ethiopia, Djibouti, Ethiopia, Salaam Bank

By Andualem Sisay Gessesse – Djibouti – Commercial Bank of Ethiopia (CBE), which reopened its branch in Djibouti 18 months

Ethiopia’s banking industry grows double digit

March 17, 2017March 17, 2017 NBE banks, Ethiopia, Finance, loan

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion