Ethiopia's parliament has passed long-awaited legislation opening up the country's banking sector to foreign players on ...

ADDIS ABABA — Ethiopia's decision to allow foreign banks to operate in the country for the first time in 50plus years is a big step and marks a significant shift in its economic policy ...

REUTERS/Tiksa Negeri/File Photo ADDIS ABABA, Dec 17 (Reuters) – Ethiopia’s parliament passed long-planned legislation on Tuesday allowing foreign banks to operate in the Horn of Africa country ...

Ethiopia's parliament passed long-planned legislation on Tuesday allowing foreign banks to operate in the Horn of Africa ...

The House of Peoples' Representatives (HoPR) has approved the proclamation of the National Bank of Ethiopia (NBE), enabling foreign banks to operate within the country's financial sector. During ...

Currently, the only major player in the banking sector is the state-run Commercial Bank of Ethiopia. Abiy's efforts have been derailed by a two-year civil war, a destabilized currency, and slow ...

ADDIS ABABA, Dec 17 (Reuters) – Ethiopia’s parliament on Tuesday passed a new law allowing foreign banks to operate in the Horn of Africa country, part of government efforts to encourage more ...

ADDIS ABABA, Dec 17 (Reuters) - Ethiopia's parliament passed long-planned legislation on Tuesday allowing foreign banks to operate in the Horn of Africa country, part of government efforts to ...

Ethiopia will partially open its banking sector to foreign banks following a vote by lawmakers on Tuesday, according to local media group FanaBC. Since taking power in 2018, Prime Minister Abiy ...