(MENAFN- The Rio Times) Ethiopia has taken a bold step towards economic liberalization by approving a draft bill to open its banking sector to foreign ownership. This move marks a significant ...

Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch". The customers discovered early on Saturday that they could take out ...

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The bank lost more than $14m during the glitch on 16 March Ethiopia's largest bank says it has recovered almost three-quarters of the $14m (£12m) it lost in a glitch that allowed customers to ...

Since 2000, when Ethiopia had one of the highest poverty rates in the world, households have experienced a decade of remarkable progress in well-being and the country has seen a 33 percent reduction ...

If you click on links we provide, we may receive compensation. Lee Huffman is an expert on bank reviews with 18 years of experience as a financial planner and corporate finance manager.

The World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR) conducted a CityStrength Diagnostic in Addis Ababa, Ethiopia, in February 2015 at the request of the city. A team of ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education ...

The National Bank of Ethiopia issued a statement reminding its citizens that business transactions made with bitcoin and other cryptocurrencies are “illegal”. Ethiopia’s central bank issued a ...

Addis Ababa December 28/2023 (ENA) Ethiopian Airlines and the private Dashen Bank launched today a "Fly Now Pay Later (PNPL)" online credit payment service. Fly Now Pay Later is a travel ...