Gov’t considering commercial, mortgage banks merger
Addis Ababa, Ethiopia - Authorities at the Public Financial Institutions Supervisory Agency (PISA) is contemplating the merge the two state-owned banks,...
Banking
AIB Launched New Core Banking System
Press Release Addis Ababa, Ethiopia - November 04, 2014 –Awash International Bank S.C, a leading player in the Ethiopian Private...
Central Bank Approves Lion Bank’s New President in a Week
Bank’s Profit nearly doubled in three years to 127 million Birr as deposit mobilisation reaches 2.7 billion Birr. By Fasika...
Lion’s Departure Sees Third Ethiopian Bank President Resign in Fortnight
By Fasika Tadesse, Addis Fortune Previously, both the Bank of Abyssinia and the Debub Global Bank had waved goodbye to...
SmartVista to Power Interoperability and Financial Inclusion for Ethiopian National Payment System
Press Release EthSwitch selected BPC Banking Technologies to create a national retail payments infrastructure Pretoria, South Africa, 27 August 2014...
Dashen Bank Jumps on Board the American Express
Although initially only available for overseas issued cards, Dashen will soon begin providing cards to local customers. Addis Ababa, Ethiopia...
CBE launches new service for premium & business customers
Addis Ababa, Ethiopia -Â Commercial Bank of Ethiopia (CBE) said it has launched a new system which gives a special and...
Governor Roasts Banks
Addis Ababa, Ethiopia -Â The Governor of the National Bank of Ethiopia (NBE), Teklewold Atnafu, slammed a study sponsored by the...
United Bank to build 32-Story Office Tower in Addis Ababa
Haile Gebrselassie at United Bank cornerstone-laying ceremony (Photo: AddisAdmassNews.com) Addis Ababa, Ethiopia – United Bank S. C., one of the...