Ethiopian banks – New Business Ethiopia

Ethiopia set to introduce centralized bank borrowers database

Ethiopia set to introduce centralized bank borrowers database

October 22, 2020October 22, 2020 NBE Ethiopia, Ethiopian banks, National Bank of Ethiopia, nonperforming loan

With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database

Ethiopian banks’ loan disbursement grows 24 percent

Ethiopian banks’ loan disbursement grows 24 percent

June 10, 2020June 12, 2020 NBE Commercial Bank of Ethiopia, Development Bank of Ethiopia, Ethiopian banks, loan, nonperforming loan, private banks, saving

NEWS- The 18 commercial banks in Ethiopia have disbursed a total loan of 221 billion birr (about $6.44 billion at

Ethiopia’s smallholder farmers to use cattle as collateral

Ethiopia’s smallholder farmers to use cattle as collateral

February 27, 2019February 27, 2019 access to finance, collateral, Ethiopia, Ethiopian banks, National Bank of Ethiopia, smallholder farmers in Ethiopia

The Government of Ethiopia is set to introduce bank directive that will allow smallholder farmers to use their cattle as

Ethiopia PM discusses reform with bankers

Ethiopia PM discusses reform with bankers

January 15, 2019January 15, 2019 Banking, banking liberalization, Ethiopia, Ethiopia financial sector reform, Ethiopian banks, Finance, Prime Minister Abiy Ahmed

Prime Minister Abiy Ahmed of Ethiopia held discussions with heads and representatives of financial institutions to discuss the current reforms

Ethiopian banks’ revenue grew to 24 percent

June 22, 2010January 21, 2019 Dashen Bank, DBE, Development Bank of Ethiopia, Ethiopia, Ethiopian banks, Finance, Hawassa Bank, National Bank of Ethiopia, Noh Bank

The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the similar period