Ethiopian government is eyeing $700 million in a concessional loan from the World Bank to finance the financial sector ...

The report calls for tighter regulatory standards on deposit concentration risks, to make sure the banking industry maintains ...

In many parts of Africa, because of the colonial legacy, state control of the financial services sector held back access to ...

A striking imbalance persists within Ethiopia's banking industry, where a mere 0.5% of borrowers hold nearly three-quarters of all loans, while the agricultural sector continues to be marginalized in ...

In Ethiopia, the Traditional Retail Banking market market is expected to witness a significant increase in Net Interest Income, reaching a projected value of US$2.05bn in 2024. This growth is ...

The changes mark a significant shift after decades of State dominance over Ethiopia’s banking industry. Attracting international players is seen as crucial for building capital buffers and ...

A technical glitch let customers of an Ethiopian bank take out or transfer more money they had in their accounts. Local media reported that more than $40 million had been withdrawn. Long queues ...

The state-owned Commercial Bank of Ethiopia (CBE) reaffirmed its commitment to fostering a healthier society by supporting sports activities alongside its contributions to the nation's social and ...

Addis Ababa December 28/2023 (ENA) Ethiopian Airlines and the private Dashen Bank launched today a "Fly ... digital payments in the travel industry, empowering customers with more accessible ...