Kenya’s Equity Bank is preparing to expand into Ethiopia’s financial market after the country’s government opened the sector to foreign investors. Equity Bank Chief Executive, Dr. James Mwangi, met ...
ADDIS ABABA — Ethiopia’s central bank is fast-tracking the rollout of a new legal framework to spur foreign competition in the local banking sector while simultaneously imposing strict limits on the ...
Foreign equity investors are believed to bring strategic value to individual target banks and the banking system at large through strengthening capital, improving efficiency and technology, ...
M-PESA Ethiopia announced its integration with EthSwitch, Ethiopia’s national payment network, to expand financial inclusion ...
Commercial Banks in Ethiopia, are majorly state-owned institutions, which dominate Ethiopia's banking system, including 29 domestically owned participants. According to Desta, international investors ...
Substantial investment in its digital platform positioned Awash Bank to capture growth opportunities driven by Ethiopia’s rapidly increasing demand for mobile and online banking services. Kefyalew ...
The National Bank of Ethiopia (NBE) has directed all commercial banks to compile and submit information on customers who use personal bank accounts for business or illicit purposes.
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