Tag: banks

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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,

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 profes

Ethiopia shuts banks in Tigray after “TPLF robbery”

The National Bank of Ethiopia (NBE) has closed all banks branches in Tigray Region of Ethiopia follow

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 the state

How to convert COVID-19 to opportunity in Africa

BY ANDUALEM SISAY GESSESSE – They say every challenge brings opportunities. For the past few mo

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 bi

Commercial Bank of Ethiopia struggles to make profit in Djibouti

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

Ethiopia’s banking industry grows double digit

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commerci