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Ethiopia: Local Banks Swimming in Murky Water
Addis Fortune, 3 January 2017
Ethiopia's banking industry has had a lukewarm progression since the Bank of Abyssinia became a pioneer as the first bank of the country a century ago. In 1932, a directive from… Read more »
Ethiopian Banks Swimming in Murky Water?
Facing a threat of inflation, shrinking resources, government regulations and competition, the majority of the local Ethiopian banks are struggling to meet the capital suggested by the National Bank of Ethiopia, writes Addis Fortune.
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Ethiopia: Understanding the Future Market
Addis Fortune, 3 January 2017
The Ethiopian finance sector might seem a bit ramshackle from a distance, but it is and remains a lucrative and attractive enterprise. It faces the challenge of transitioning from… Read more »
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Ethiopia: Banks' Transcendent Profits
Ethiopian Herald, 26 November 2016
Recently, a couple of private banks have delivered their annual performance reports to their respective shareholders. The banks have really underpinned a remarkable progress in… Read more »
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Ethiopia: Accessing Reserves Tricky for Banks
Addis Fortune, 20 December 2016
In the midst of the liquidity crises that engulfed Ethiopia's private banking industry, the National Bank of Ethiopia (NBE) has been trying to respond to the crisis in the… Read more »
