Foreign banks willing to join the Ethiopian banking sector independently will have to fulfill the same minimum threshold of paid up capital as local banks, officials at the National Bank …
The Insurance Supervision Directorate at the National Bank of Ethiopia (NBE) is set to become an independent insurance regulatory body separate from the central bank. It will evolve into a …
Importers of agricultural machineries and inputs are eligible to access loans from external lenders, following a directive amendment by the National Bank of Ethiopia (NBE). The amended directive, which came …
Afrexim Bank is guaranteeing the import of 745 trucks payable by four local banks on behalf of Ethiopian transport businesses with a USD 63 million loan. Afrexim Bank guaranteed Jampur …
Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …