Banking expansion in Ethiopia, inherent shortcomings

BY ABEBE WOLDE GIORGIS – Currently, the banking industry in Ethiopia is growing rapidly in terms of accessibility, asset development, capital accumulation, profitability, provision of loan and saving.

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 billion at the prevailing exchange rate) at the end of last Ethiopian … Read More