Tuesday, August 16, 2022
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    Tag: Banking

    Bill to allow gradual opening of financial sector

    The National Bank of Ethiopia (NBE) is revising the Banking Business Proclamation, as part of its legal framework amendment aimed at allowing foreign banks...

    Central Bank to green light ethio telecom’s micro credit permit request

    The National Bank of Ethiopia (NBE) will green light ethio telecom’s request to offer a digital micro-credit and saving services via its Telebirr platform,...

    Amhara bank requests operational license to launch service this month

    Central bank is evaluating its readiness One of the new entrants to the banking industry, Amhara Bank, filed a request at the central bank to...

    Central Bank begins drafting new directive for specialized banks

    Officials at the National Bank of Ethiopia (NBE) are drafting a new directive to set new requirements needed to establish a mortgage bank in...

    Private creditor to provide one billion birr to homebuyers

    Plans to charge an interest rate below 15 percent Ethiopia’s first self-proclaimed private mortgage bank, Goh Betoch Bank, announced its plans to disburse one billion...

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    Ethiopia could lose up to USD eight billion if Ukraine war continues

    -It could cost Ethiopia 7.6 percent of GDP in...

    Fed unveils new tax to finance conflict rehabilitation project

    Officials expect 19.5 billion birr from the new tax...

    To survive foreign competition, central bank governor suggests mandatory mergers, acquisitions

    The bankers' association is upset about the tax on...

    According respect for freedom of movement

    The rule of law is a mechanism, process, institution,...

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