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This page was last edited on 26 February 2025, at 20:19 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 ...
Commercial Bank of Ethiopia: 22.711 20 QNB Al Ahli: 19.515 21 Banque du Caire: 16.365 22 Arab African International Bank: 15.345 23 Mauritius Commercial Bank: 14.479 24 Guaranty Trust Bank: 14.401 25 Banque de l'Agriculture et du Développement Rural: 13.300 26 KCB Group: 12.594 27 Société Générale Morocco: 11.998 28 Equity Bank Group: 11. ...
As of 15 July 2022, the group had estimated assets exceeding TZS 2.4 trillion (US$1.033 billion). [2] At the end of December 2021, the group had banking operations in four countries across the East African region. The bank issues "TANAPA" Mastercards and Visa cards, acceptable regionally and internationally. At that time the group employed 937 ...
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 ...
[2] [3] In 1963, a new banking law allows split into the National and Commercial Bank of Ethiopia. The law included other commercial banks to operate, including foreign banks operated 51% owned by Ethiopians. The biggest of these was the Addis Ababa Bank, owned by 40% owned by British owned Grindlays Bank, and had 26 branches by 1975.
Awash International Bank (Amharic: አዋሽ ኢንተርናሽናል ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24.2 million and started banking operations on 13 February 1995. As of end of June 2020 the number of shareholders and its paid-up capital ...
Ethiopia reached a separate debt-service suspension deal with China earlier in 2023. Ethiopia has been without an IMF program since its last lending arrangement with the fund expired in late 2022.