Hibret Bank receives ISO accreditation

Enhancing this achievement is the fact that Hibret Bank implemented the latest version of its core…

Somali Microfinance Institute agrees to join EthSwitch as ‘indirect participant’

The agreement is going to integrate SMI's services with the rest of the country's financial services…

Ethio Telecom launches Tele Birr

Ethio Telecom has been provided an ETB 100 billion capital for Tele Birr for now; the…

Bank of Abyssinia to launch partnership with Path Solutions

Bank of Abyssinia is Path Solutions' first client in Ethiopia.

African Development Bank seeks to finance Ethiopia’s Digital Modernisation

The fund is part of African Development Bank's Africa Digital Financial Inclusion (AFDI), a program that…

Ethiopia willing to give foreign mortgage banks access to the country’s housing market

Eighty percent of Addis Ababa falls within the ‘slum’ category, according to a report by Habitat…

Amhara Bank feuding with commercial banks

The feud is over interest payments to Amhara Bank for using its accounts; commercial banks say…

Ethiopian Capital Market update

The bill also has provisions for the establishment of an autonomous regulatory agency for the market.

AfCFTA prompts Access Bank to seek investment opportunities in Ethiopia

Ethiopia is among a list of seven other African countries that the bank plans to expand…

Commercial Bank of Ethiopia awards customers for saving

The Commercial Bank of Ethiopia is the largest and most influential Ethiopian bank, consisting of over…