Commercial banks in business have four years to increase their paid-up capital to five billion Birr. Banks under formation that have already…
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Bank of Abyssinia and VISA to Start Accepting Online Payments in Ethiopia
Bank of Abyssinia and VISA to Start Accepting Online Payments in Ethiopia Bank of Abyssinia and VISA to Start Accepting Online Payments…
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The New Ethiopian National Bank Directives – Addis Business
The New Ethiopian National Bank Directives – Addis Business የብሔራዊ ባንክ በግለሰቦች ወይንም በኩባንያዎች ከባንክ ውጭ ከ1 ነጥብ 5 ሚሊዮን ብር በላይ…
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The African Development Bank Gives $1.2 million For Ethiopia-Sudan Railway Study
The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into…
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Joint Statement of Egypt, Ethiopia, Sudan, the United States And the World Bank
Washington, DC — The Ministers of Foreign Affairs and Water Resources of Egypt, Ethiopia and Sudan and their delegations met with the…
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World Bank cuts Ethiopia growth Forecast to 6.3%
nazret.com – The World Bank cuts its forecast of Ethiopia’s GDP growth to 6.3% in 2020, in a report released last week.…
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National Bank to amend laws to boost involvement of Diaspora Ethiopians in finance sector
Addis Ababa, February 20, 2019 (FBC) –The National Bank of Ethiopia(NBE) announced that it is on process to approve three draft bills…
Zemen Bank SC, one of the private banks in Ethiopia, disclosed it has registered a net profit 263.8 million Birr in the…
An Ethiopian native with foreign nationality has won a milestone legal battle against the central bank, whose decision led her to lose…
ADDIS ABABA, Oct 10 (Reuters) – Ethiopia’s central bank has devalued the Ethiopian birr by 15 percent to boost lagging exports, its…