Central bank’s role at cross roads
National Bank of Ethiopia (NBE) Addis Ababa, Ethiopia - This week, the National Bank of Ethiopia (NBE) has re-written one of...
Banking
Ethiopia’s first women’s bank, Enat opens for business
Ethiopia's first women's bank plans to commence operations in the next few months in Addis Ababa. Africa's first commercial bank...
Awash Int’l Bank to Equip All Branches with ATMs
By Yetneberk Tadele Addis Ababa, Ethiopia - Awash International Bank is buying automatic teller machines (ATMs) for all its branches...
Bunna selects Infosys as its core banking solution provider
Addis Ababa, Ethiopia - Bunna International Bank (BIB) announced the selection of Finacle core banking solution, from Infosys, last Thursday for...
Lion International Bank records higher profit
Addis Ababa, Ethiopia - Lion International Bank (LIB) has registered a 69 percent increase in profit during the last fiscal year...
Nib Bank records 289 million birr profit
Finalizes plans to erect 33-storey HQs building. By Birhanu Fikade Addis Ababa, Ethiopia - Despite the National Bank of Ethiopia...
Defense Ministry set to establish Army Bank
By Yohannes Anberbir Addis Ababa, Ethiopia -  In an unprecedented move, the Ethiopian Ministry of Defense (MoD) is set to enter the...
Bunna International Bank selects Infosys for Finacle Core Banking Solution
ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ -- New Core Banking Solution to...
Ethiopia to Introduce Mobile Banking
Addis Ababa, Ethiopia - Ethiopia is one of the few remaining African countries to introduce mobile banking. With the booming...