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Zemen Bank was established on 2 October 2008 "licensing and supervision of banking business proclamation No. 84/1994" of Ethiopia. It is private bank with commercial type. [1] [2] In 2023/2024 fiscal year, its total revenue has reached about 7.8 billion birr (101% of annual report). [3] On 12 February 2012, Zemen Bank made the first ever ...
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This is a list of government-owned companies of Ethiopia. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably.
Ethiopia's parliament passed a bill on Wednesday to open up the country's financial sector to an estimated five million of its citizens who have taken other nationalities, including allowing them ...
Bank of Thailand ; Securities and Exchange Commission (SEC) ; Office of Insurance Commission (OIC) Togo: Banking Commission of the West African Monetary Union (CB-UMOA) ; Financial Markets Authority of the West African Monetary Union (AMF-UMOA) ; Regional Insurance Control Commission (CRCA) Trinidad and Tobago
Ethiopia's government has decided to open up the country's banking sector to foreign investors, the prime minister's office said on Saturday, the latest measure aimed at drawing investment from ...
Established under the banking proclamation of Licensing and Supervision, Proclamation No. 84/1994, the bank was registered with the National Bank of Ethiopia on 30 April 1997. The Memorandum and Articles of Association of the bank were signed on 15 April 1997 and registered with the Addis Ababa Bureau of Trade, Industry and Tourism on 15 April ...
At some point after the creation of the State Bank of Ethiopia it reopened the transit office, which in time became a branch. CBE in 1969. In 1963, the Ethiopian government split the State Bank of Ethiopia into two banks, the National Bank of Ethiopia (the central bank), and the Commercial Bank of Ethiopia (CBE). [8]