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ECMA Registers 12.211 Million Addis International Convention Center Shares for Capital Market Compliance
The Ethiopian Capital Market Authority (ECMA) has officially approved and registered the securities of Addis International Convention Center S.C., a...
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ECMA Registers 18.125 Million Bank of Abyssinia Shares, Clears Rights Offer Registration
The Ethiopian Capital Market Authority (ECMA) has approved and registered the securities of Bank of Abyssinia S.C., marking an important...
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Ethiopia Launches Automated Interbank Foreign Exchange Market
The National Bank of Ethiopia (NBE) has officially launched the country’s first Automated Interbank Foreign Exchange (FX) Market, marking a...
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Bank of Abyssinia Deposits Surpass 300 Billion Birr
Bank of Abyssinia (BoA) has crossed a major funding milestone, with total deposits reported to have exceeded 300 billion birr,...
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Zemen Bank Surpasses 100 Billion Birr in Assets, Posts Over 5 Billion Birr Profit
Ethiopia’s Zemen Bank is making headlines as it crosses a major financial milestone: total assets now stand at 106 billion...
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NBE Announces USD 500 Million in Special FX Auction – Largest Single Injection Since Post-Reform Auctions Began
The National Bank of Ethiopia (NBE) has announced a USD 500 million special foreign exchange auction, marking the largest single...
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Commercial Band of Ethiopia Channels Over 91% of Half-Year Loans to the Private Sector
The Commercial Bank of Ethiopia (CBE) announced that more than 91 percent of the loans it disbursed in the first...
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Fintechs vs Banks in Ethiopia: Cooperation or a Quiet War?
Ethiopia’s financial revolution is not loud. There are no viral founder stories, no overnight unicorns, no dramatic collapses that dominate...
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Commercial Bank of Ethiopia Launches CBE Connect Digital Platform
The Commercial Bank of Ethiopia (CBE) today launched CBE Connect, a new digital platform designed to integrate multiple financial services...
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NBE FX Auction Result Shows Dollar Clearing at 154.78 Birr
The National Bank of Ethiopia (NBE) has announced the results of its 15th Foreign Exchange Auction, held on Tuesday, as...
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