Ethiopia: Handful of Microfinanciers, One Private Bank to Handle Ethiopia's Pensions

Five microfinance institutions and one private bank are soon to be given the role of disbursing private sector pension funds, starting July 8, 2012.

Dedebit Credit & Savings, Omo Microfinance, Oromia Credit & Savings, Dire Microfinance, and Amhara Credit & Savings will serve Tigray, Southern Nations, Oromia, Amhara regional states and Dire Dawa, respectively, according to the Private Organisation Employees Social Security Agency (POESSA).

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