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Profits rose across Ethiopia’s commercial banks in 2023/24, with the industry reporting assets of nearly 3.3 trillion Br and deposits approaching 2.5 trillion Br. Loan growth, however, slowed under tighter Central Bank caps, with loan-to-deposit ratios averaging around 78pc. Read more → finance.addisfortune.news | Addis Fortune
Profits rose across Ethiopia’s commercial banks in 2023/24, wit…
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Profits rose across Ethiopia’s commercial banks in 2023/24, with the industry reporting assets of nearly 3.3 trillion Br and deposits approaching 2.5 trillion Br. Loan growth, however, slowed under tighter Central Bank caps, with loan-to-deposit ratios averaging around 78pc. Read more → finance.addisfortune.news | Addis Fortune
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የአዲስ ባንክ የአርማ እና ስያሜ ምረቃ ሥነ-ስርዓት. ግንቦት 26 ቀን 2017 ዓ.ም. አዲስ ባንክ- ለስኬትዎ የታመነ ለወዳጅ ዘመድ ያጋሩ! Website (https://www.addisbanksc.com/) Telegram (https://t.me/AddisBank_sc) LinkedIn (https://www.linkedin.com/company/addis-bank-sc) Facebook (https://web.facebook.com/addisbank) Instagram (https://www.instagram.com/addis_banksc/#) | Addis Bank S.C.
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#Ethiopia: The National Bank of Ethiopia announces a new monetary policy framework The National Bank of Ethiopia (#NBE) has announced a new monetary policy framework aimed at fostering price stability. In a public statement made yesterday by Mamo Mihretu, the central bank outlined key elements of the policy. Among the measures introduced is an interest rate set at 15 percent and the introduction of bi-weekly auctions. Additionally, the National Bank of Ethiopia has completed preparations to esta
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