Lion’s Departure Sees Third Ethiopian Bank President Resign in Fortnight

By Fasika Tadesse, Addis Fortune Previously, both the Bank of Abyssinia and the Debub Global Bank had waved goodbye to their presidents. Addis Ababa, […]

Dashen Bank Jumps on Board the American Express

Berhanu Woldeselassie

Although initially only available for overseas issued cards, Dashen will soon begin providing cards to local customers. Addis Ababa, Ethiopia – Dashen Bank is […]

Governor Roasts Banks

Teklewold Atnafu

Addis Ababa, Ethiopia - The Governor of the National Bank of Ethiopia (NBE), Teklewold Atnafu, slammed a study sponsored by the Ethiopian Chamber Commerce and […]

Visa pushes for more access to barely-tapped Ethiopia


May 26 (Reuters) - Visa Inc., which is piloting Ethiopia‘s first international debit card, is seeking to persuade the government to ease tight restrictions on banks in […]

Addis International Bank S.C. goes live on OMNIEnterprise Core Banking Solution

Addis International Bank

PRESS RELEASE Addis International Bank, a leading Ethiopian bank goes live on InfrasoftTech’s OMNIEnterprise Core Banking Solution MUMBAI, INDIA, May 16, 2014 / – InfrasoftTech today […]

SmartVista to Power Interoperability and Financial Inclusion for Ethiopian National Payment System

Eth-Switch BPC

Press Release EthSwitch selected BPC Banking Technologies to create a national retail payments infrastructure  Pretoria, South Africa, 27 August 2014 – BPC Banking Technologies, […]

CBE launches new service for premium & business customers


Addis Ababa, Ethiopia - Commercial Bank of Ethiopia (CBE) said it has launched a new system which gives a special and privileged service to its […]

United Bank to build 32-Story Office Tower in Addis Ababa

Haile Gebrselassie at United Bank cornerstone-laying ceremony (Photo:

Addis Ababa, Ethiopia – United Bank S. C., one of the nation’s most profitable private banks, is planning to build a new 32-story office […]

Interest Grows in Interest-Free Banking

Customers of interest-free banking at the designated window for the service in the Abacoran branch of the Commercial Bank of Ethiopia, in the Addis Ketema District. (Photo: Addis Tribune) -

By Mikias Merhatsidk  Addis Ababa, Ethiopia – Feisel Abdi Guhad, a Kenyan businessman originally from Kebri Dehar in the Ethiopia Somali region, has returned […]

Enat Shortlists Three for 25 million birr CORE Banking

Birtukan G.Egzi

Addis Ababa, Ethiopia – Enat Bank claims progress in its three month report, but declined to put a figure to it at a press […]