banks – New Business Ethiopia

Majority Ethiopians still have no access to credit

Majority Ethiopians still have no access to credit

April 29, 2021April 29, 2021 BEHAK 142 Viewsaccess to credit, banks, Ethiopians, loan, Precise Consult 2 min read

Despite the increase in the number of banks, microfinances and their branches over the last 25 years, the majority of

Study advices Ethiopia not to rush to banking liberalization

December 18, 2020December 18, 2020 Business News 125 ViewsAsia, 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 2 min read

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 Business News 97 ViewsAl Jazeera, banks, BBC, Ethiopia, military operations, Prima Minister Abiy Ahmed, robbery, The Guardian, Tigray, TPLF, WHO 5 min read

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 206 Viewsbank branches, banks, Commercial Bank of Ethiopia, Ethiopia, loans, profit 2 min read

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 120 ViewsAfrica, 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 7 min read

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 148 ViewsAbay 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 1 min read

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 81 ViewsBank of Africa, banks, CAC Bank, Commercial Bank of Ethiopia, Djibouti, Ethiopia, Salaam Bank 1 min read

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 109 Viewsbanks, Ethiopia, Finance, loan 3 min read

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