By Andualem Sisay Gessesse – Following the recent liberalization of Ethiopia’s forex market for the first time, debates have been…
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Ethiopia banks lending increases 21 percent
The amount of fresh loans disbursed by all Ethiopian banks in Ethiopia last year concluded June 30, 2021, has increased…
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Ethiopia set to introduce centralized bank borrowers database
With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database…
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Ethiopian banks’ loan disbursement grows 24 percent
NEWS- The 18 commercial banks in Ethiopia have disbursed a total loan of 221 billion birr (about $6.44 billion at…
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Ethiopia’s smallholder farmers to use cattle as collateral
The Government of Ethiopia is set to introduce bank directive that will allow smallholder farmers to use their cattle as…
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Ethiopia PM discusses reform with bankers
Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms…
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Ethiopian banks’ revenue grew to 24 percent
The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the similar period…
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