The National Bank of Ethiopia (NBE) has directed new entrants to the banking industry to increase their paid-up capital to… Read More
Ahadu Bank, one of the 20+ banks under formation in Ethiopia has managed to perform it's first formation assembly in… Read More
A new bank, Damota Bank s.c under formation has started sharing sales. The bank has floated shares each worth 1,000… Read More
The first Interest-Free Bank (IFB), ZamZam Bank (ZZB), has received a green light from the National Bank of Ethiopia (NBE)… Read More
The National Bank of Ethiopia (NBE) has given the green light to the founding board of directors of Hijra, the… Read More
According to a press report held on Oct 17, 2020 in Yod Abyssinia, a new bank called Akufada Bank s.c… Read More
YeEthiopia Diaspora Bank S.C, a new bank under formation is preparing the join the ever growing banking industry in Ethiopia.… Read More
Hijra Bank S.C., a new full-fledged, interest-free bank (IFP), has reached the final stage of under-formation status with an initial… Read More