Business News
Latest News around the best Banks in Ethiopia, and anything related to Tech & Finance Industry
Ethiopia's economy is on a journey marked by growth and challenges. The government reports a robust ....
National Bank of Ethiopia has categorized commercial banks into three distinct groups based on the ....
Amhara Bank has secured a significant stake in the Ethiopian Securities Exchange (ESX), signaling a ....
The International Monetary Fund (IMF) has been actively engaged in discussions aimed at bolstering E....
Zemen is a powerhouse in the world of finance, known for its progressive outlook and commitment to e....
In a significant milestone, Ethiopia has emerged as a regional energy powerhouse, earning more than....
Commercial Bank of Ethiopia (CBE) faced a significant challenge as its systems encountered a major f....
In a recent turn of events, Ethiopia faces deepening economic challenges, marked by a default on a $....
Addis Ababa, November 1, 2023 – In a significant move towards fostering unity and collaboration wi....
BII and FMO Announced that they have provided a loan of 20 million dollars each for a total of 40 mi....
The total insurance coverage of the Ethiopian insurance corporation, which holds the largest market ....
In the 2015 fiscal year, the government, which was faced with a huge budget deficit, found that the ....
The National Bank of Ethiopia lifted the restriction on the bank account activity of the Amhara regi....
Dashen Bank international prepaid card in collaboration with Mastercard, in addition to the usual na....
The National Bank of Ethiopia, which has been announcing policy reforms to stabilize the financial s....
National Bank of Ethiopia announced Monetary Policy Reform Initiative for Inflation Control ....
The Development Bank of Ethiopia announced that even if the Bank has sufficient financial arrang....
Safaricom and United Bank of Ethiopia signed agreement on the M-pesa service ,the agreement includes....
The Commercial Bank of Ethiopia made an unadjusted profit of 20.6 billion birr in its 2015 E.C. fina....
The National Bank announced that it is to stabilize inflation in the short term on the 20th internat....
The new value-added tax bill, which has been in force for more than 20 years, will be submitted to t....
Oromia Bank was awarded the ESQR International Diamond Quality Excellence Award for the 2nd time.....
Ethiopian government allows foreign exchange guarantees For foreign companies engaged in joint ventu....
Sidama Bank officially start its operation on the day of julay 3/2023 with one point five billion bi....
Zemzem Bank, the pioneer in starting a completely interest-free bank in Ethiopia, has announced that....
National Bank announced that about five foreign Banks would be licensed to enter the country and pro....
Amhara Bank has announced that its paid-up capital has reached 6 billion birr. The bank is celebrati....
Safaricom Ethiopia is conducting the necessary tests in its facility before the official launch of t....
the deputy governor stated that there is no shortage of cash, but as the country has come out of man....
Insurance companies in Ethiopia has reported an objection to the Ministry of Revenue, regarding re....
The Ethiopian finance minister has announced that the required criteria which for establishment of n....
Awash Bank had a closing ceremony held for the entrepreneurship competition called “tatariwochu”....
The member countries of BRICS met in Cape Town, South Africa, and focus on creating an additional c....
Ethiopian Banks facing a shortage of cash, Banks are not providing services to their customers who ....
The US dollar losing its value on world trade after 20 years, In the year 2022, 90 percent of the ....
the American international Development finance corporation DFC is going to invest 257 million dollar....
Ministry of Ethiopia holds Authorization for all tax types, classification,lead, and collection, the....
Ethiopia is planning to implement currency float system as part of the second homegrown strategy, wh....
Awash Bank got listed as one of the best Banks for the second time by being the only representative ....
Safaricom Ethiopia, which has completed one year since it started providing services in Ethiopia, ha....
Amigos saving and credit cooperative which has recently celebrated its 10th anniversary is now offer....
Ethiopia welcoming foreign investors to the Banking sector, Ethiopian government is going to grant....
National Bank of Ethiopia stated that insurance coverage will be provided to those who have deposi....
Gold entering the National Bank has decreased compared to its previous record, the bank informed tha....
Telebirr and its digital monopoly on main financial sectors of the country ,positive and negative ef....
M-Pesa, the known Safaricom money transfer and trading system will be receiving its license in two w....
CBE Birr and Fuel Up, the two digital applications service start has been launched by the Commercial....
National Bank of Ethiopia has announced the establishment of the Ethiopian Deposit Insurance Fund. T....
IMF and World Bank will be advising about the bilateral currency that's going on in Ethiopia on the ....
Gada bank announced its official signed collaboration with Ethiopian community Associations of sou....
Hibret Bank participated at Opportunities Coalition Council discussion forum and stated about th....
ETHSwitch partners with Master card to drive digital payments which will be a great transformati....
Lion Bank launched a digital services app that allows it to provide digital credit services without ....
KCB Group is considering to buy a stake from Ethiopian bank, KCB Group is a licensed banking insti....
The National Intelligence and Security Service and the National Bank have announced that they will t....
The National Bank of Ethiopia policy reform is going to be announced soon ; the Bank stated that it ....
Bank of Abyssinia upgraded its all system to the latest version.the Bank have been facing problems....
Amhara Bank has announced the implementation of interest-free banking called "Merhaba Banking System....
Currency exchanges at some banks of Ethiopia is exceeding the black market price, one USA dollar is ....
There are More than 20+ new banks in Ethiopia are under formation following to qualification rule an....
The Commercial Bank of Ethiopia (CBE) has increased the interest rate it has been using for years.....
The National Bank of Ethiopia approved a new directive, effective on February 1, 2023, preventing ba....
The National Bank of Ethiopia is putting its focus on the country's macroeconomic activity. In the m....
CBE a reported that they had gained almost 13 billion ETB profit before tax in the past six months. ....
The Commercial Bank of Ethiopia has announced a digital solution for sending money abroad called 'Et....
The National Bank of Ethiopia issued a new guideline that requires microfinance institutions or smal....
Banks in Ethiopia are impacted by the black market more and more nowadays. As the exchange rate incr....
The National Bank of Ethiopia announced that it has begun to prepare following the announcement of f....
The annual report for banks in Ethiopia's financial performance for the budget year 2021/22 was rele....
Arifpay, Ethiopia's 1st digital payment gateway, is a bank-led model that offers payment gateway sol....
The private commercial bank that has been named Debub Global Bank for 9 years has decided to change ....
Wegagen Bank has been deeply affected by the Northern Ethiopia war for the past two years. After the....
Awash Bank, one of the largest private banks in the country, has declared its launch of credit card ....
The black market for foreign exchange in Ethiopia has been exhibiting a rapidly increasing gap from ....
Chapa Financial Technologies S.C is an Ethiopian financial service and data engineering startup th....
Oromia International Bank S.C. (OIB), established in Ethiopia on September 18, 2008, has been the be....
Abyssinia Bank has been striving to spread its motto, “A choice for all” in as many sectors as p....
Tsedey Bank, previously known as Amhara Credit and Savings Institution (ACSI), has officially begun ....
Foreign bank entry into Ethiopia, long anticipated by some and feared by others, was legalized this ....
The National Bank of Ethiopia was inaugurated in 1963 to engage in the singular task of central bank....
After two years of preparations, Amhara Bank S.C was officially inaugurated on June 18, 2022, at its....
Ethio telecom launched telebirr new mobile wallet solution. Ethio telecom telebirr services enable y....
Commercial bank of Ethiopia the bank that you can always rely on has been earned 13.4 billion birr p....
Lone offer in Ethiopia through the collaboration of master card foundation, financial institutions, ....
ZamZam Bank, Ethiopia's first Islamic bank to start its operation in early 2021....
The Ethiopian Financial Intelligence Center (EFIC) has reported that financial crimes, including ill....
Urgent, don't forget to change your Ethiopian birr to the new note before times runs out ....