Admassu Tadesse wins Investor Africa’s Award
Admassu Tadesse, President and Chief Executive of the Eastern and Southern African Trade and Development Bank (PTA Bank) has won the...
Banking
Cashless Payments Sector in Ethiopia – Time to Open Up?
Ethiopia is growing fast, but its mobile and electronic payments infrastructure is weak. Is it time for a more liberal...
CBE makes 7.9 billion Birr profit before tax
Addis Ababa, Ethiopia (ENA) - The Commercial Bank of Ethiopia (CBE) said it has secured 7.9 billion Birr profit before...
Enat Bank to open its doors next month
By Dawit Taye Addis Ababa, Ethiopia - After a long reorganization process that took about two years, Enat Bank SC...
Top African Bankers Grab Awards
Arusha, Tanzania - Africa's Top Bankers were honoured at the 6th edition of the African Banker Awards for their outstanding...
ZamZam Bank shareholders to turn to other investment
Addis Ababa, Ethiopia - Over 74 percent of ZamZam Bank shareholders, a bank that was under formation in the guiding principles...
A short primer on the Ethiopian banking system
By Doug Muir Ethiopia’s banking system is weird. It’s like a throwback to an earlier Africa, the Africa of the...
Bunna agrees with Indian firm for E-banking
Addis Ababa, Ethiopia - Bunna International Bank (BIB), one of the youngest banks, signed a core banking implementation contract with...
Awash Bank reaps huge profit
Addis Ababa, Ethiopia - Awash International Bank (AIB), one of the oldest and largest private banks in the country, recorded...