DEG invests in mobile money technology provider in Ethiopia

Equity capital of EUR 4 million for M-BIRR Around 100 million people live in Ethiopia. More…

Enat Bank Enjoys Profit Bonanza with Expanding Income

With total income more than doubling expenses, Enat’s performance was impressive indeed. Addis Ababam, Ethiopia –…

NCR Software Monitors Commercial Bank of Ethiopia’s Multivendor ATM Network

Press Release NCR APTRA Vision helps increase business performance and consumer experience among the bank’s 1,200…

NIB Catches Up with Banks Accepting Visa

Visa card holders welcome the widening convenience of non-cash transactions. Addis Ababa – Nib International Bank…

Abay Bank Loses President, Sector left with no Female Leader

The founding member of Abay will be replaced by a former vice president of CBE. Addis…

Awash Bank partners with KPMG to transform operations

Addis Ababa, Ethiopia – With a vision to be one of East Africa’s top ten private…

Chinese company to build CBE’s new headquarters

Addis Ababa, Ethiopia – The Commercial Bank of Ethiopia (CBE) has signed an agreement with the…

Turkey’s Ziraat Bank to become the first foreign bank in Ethiopia

Tukey’s Economy Minister Nihat Zeybekci announced that the state-run Ziraat Bank will establish an office in…

Central Bank Approves Lion Bank’s New President in a Week

Bank’s Profit nearly doubled in three years to 127 million Birr as deposit mobilisation reaches 2.7…