banks

newbusinessethiopia March 29, 2020

BY ANDUALEM SISAY GESSESSE – They say every challenge brings opportunities. For the past few months we have been listening how COVID-19 (coronavirus) pandemic can be catastrophic to not only in the health of the people of this planet but also in social and economy of the world. Some fear that it will lead the […]

newbusinessethiopia January 10, 2019

The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1 billion at the prevailing exchange rate) at the end of last Ethiopian fiscal year ended June 2018.

NBE March 17, 2017

A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion over 2017, with both loan and deposit growth continuing on a strong upward trend, according to Business Monitor International (BMI) latest report on banking industry of Ethiopia.