Bank
Abay Bank Joins Growing List of Ethiopian Banks Registered with Capital Market Authority
Ethiopian Capital Market Authority has approved the registration of securities for Abay Bank S.C., marking another milestone in the development...
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Commercial Bank of Ethiopia Expands Digital Push as Deposits Surpass 2.1 Trillion Birr
The Commercial Bank of Ethiopia (CBE) has announced plans to further expand its digital banking services and strengthen its market...
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Breaking: Awash Bank Lists on Ethiopian Securities Exchange Main Market
Ethiopian Securities Exchange (ESX) has officially listed Awash Bank S.C. on its main market, marking a significant milestone in the...
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Ethiopia’s Capital Market Authority Registers Zemen Bank Shares
The Ethiopian Capital Market Authority (ECMA) said it has approved the registration of securities for Zemen Bank S.C., marking another...
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Ethiopia’s Central Bank Extends Deadline for Linking Accounts to National ID System
The National Bank of Ethiopia has extended the deadline for bank customers to link their accounts with the country’s digital...
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New Player Destta Targets Informal Remittance Market with Transparent Transfers
Destta, a U.S.-registered fintech company, has officially launched the beta version of its global remittance platform in Ethiopia, positioning itself...
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Dashen Bank Launches Super App Push with Virtual Card, Digital Onboarding, and 6M Birr Creator Campaign
Dashen Bank has rolled out a major expansion of its digital ecosystem, introducing a virtual card for international payments, a...
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Ethiopia’s Banking Sector Posts 93 Billion Birr Profit, But the Real Risk Is Complacency
Ethiopia’s banking sector is delivering numbers that would turn heads in any emerging market. A record 93 billion birr in...
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NBE Extends RTGS Operating Hours to Boost Payment Efficiency
The National Bank of Ethiopia has announced an extension of operating hours for its Real-Time Gross Settlement (RTGS) system, a...
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Ethiopia Spent $1.35 Billion Defending Birr as FX Pressures Persist
Ethiopia has spent an estimated $1.35 billion supporting its currency in 2026, underscoring mounting pressure on the birr amid ongoing...
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