Gadaa Bank signs MOU with the Ethiopian Community Association in South Africa to work together on April 10 /2023

 

Gadaa Bank signs MOU with the Ethiopia community association in South Africa, Gada Bank is one of the recently launched private banks recording fast growth in terms of service enhancement and customer reachability for both its local and international customers.

 

Gadaa Bank signs MOU with the Ethiopian Community Association in South Africa to work together on April 10 /2023

 

This agreement is based on the Bank’s policy and strategies which are formulated to extend the Bank’s chance of collaboration with the Ethiopian Community Association on domestic and international bases. For the current signed agreement, it’s been stated in the formatting that Gada Bank will be opportunistic from the high amount of foreign currency gain which would open more doors for the Association members who need utility loan services. A Memorandum of Understanding (MOU) was signed in the presence of the Ethiopia community association’s vice president Newawi Musa and Gadaa Bank CEO Obbo Wolde Bulto, in South Africa.

The bank also announced that the collaboration with Ethiopian community Associations which are located in Europe, United Arab Emirates, and Saudi Arabia is in process of reaching a lock point.