Bank

The National Bank of Ethiopia (NBE) has introduced a new directive aimed at providing emergency liquidity assistance (ELA) to banks...

Dashen Bank, one of Ethiopia’s leading private banks, held its 31st ordinary and 26th extraordinary annual general meetings at Millennium...

The National Bank of Ethiopia (NBE) has issued a revised policy concerning the treatment of foreign exchange (FX) trading spreads...

On October 3, 2024, Coopbank announced a significant partnership with InFTF, a global leader in inclusive finance, to introduce Ethiopia’s...

Ethiopian banks continue to make strides in the African banking landscape, contributing five institutions to the 2024 African Top 100...

Wegagen Bank, in collaboration with Visa Inc., has introduced an International Prepaid Visa Card service, enabling customers, embassy staff, and...

The African Development Bank (AfDB) has approved a $40 million transaction guarantee facility to support Dashen Bank’s trade finance activities...

The National Bank of Ethiopia (NBE) has announced the commencement of accepting applications for Independent Foreign Exchange Bureaus. This move...

National Bank of Ethiopia Concludes Special FX Auction with a Weighted Average Rate of Birr 107.9 per USD The National...

In a landmark move, the National Bank of Ethiopia (NBE) has announced sweeping reforms to the country’s foreign exchange (FX)...