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Ethiopia’s AGOA eligibility status still undecided
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Dashen Banks appoints new senior officials
Spread the NewsFollowing the introduction of the Bank’s revised strategic plan and a revamped organizational restructuring as well as departure of two senior officials to newly formed banks; Dashen Bank announced that it has appointed new senior officials on various positions. With a long history of nurturing talent with its trademark ‘growing own tree’ principle,…
Shints ETP Garment PLC inaugurates staffs dormitory in Bole Lemi
Spread the NewsShints ETP Garment PLC, an industrial firm from South Korea, located inside the Bole Lemi Industrial Park, has inaugurated its staff’s dormitory and additional floors in the existing sheds constructed inside the park on Friday. Construction of the dormitories and additional floors for sheds amounted $15 million, Harry Choi, General Manager of Shints…
Some facts about Commercial Bank of Ethiopia
Spread the NewsSome facts about Commercial Bank of Ethiopia CBE started operation with an initial capital of 1 million Maria Theresa Thaler (MTT). Commercial Bank of Ethiopia (CBE) had 43 employees when it started operations in 1942. The first headquarters of the Bank was first constructed during in the reign of and inaugurated by…
Kacha Digital Financial Services S.C. plans to address unbanked population
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NBE licenses ArifPay fintech startup
Spread the NewsThe National Bank of Ethiopia has licensed ArifPay, a fintech company that makes digital payment services. The company is based in Addis Abeba. Founded on February 2021 by Habtamu Tadesse, a founder of Zay Ride, a ride-hailing platform in Ethiopia, ArifPay is a mobile point of sale system which will allow ATM cardholders…