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Enat Bank financed Ride hailing vehicles start giving service
Spread the NewsEnat Bank Share Company financed Ride hailing vehicles started giving services on Thursday. The new 2022 Model Mitsubishi automobiles were purchased by a loan facilitated by Enat Bank, according to the statement from Hybrid Designs, Ride parent company. To secure this loan, drivers have deposited 30% of the loan at Enat Bank and…

Bunna Bank receives transformation excellence award
Spread the NewsBunna Bank Share Company has been awarded a transformation excellence award in the 7th edition of Infosys Finacle Innovation Award 2021 edition for its encouraging performance in core banking services. The award has been received by Mulugeta Alemayehu, CEO of Bunna Bank. Close to 270 nominations were received from 50 banks globally, across…

Ethio Telecom, Immigration Service sign partnership agreement for Passport payments via telebirr
Spread the NewsThe state-telecom giant Ethio Telecom and Immigration and Citizenship Service (ICS) have signed a partnership agreement to make passport payments digitally through telebirr, a mobile money service. The agreement has been signed between Frehiwot Tamiru, Ethio Telecom’s CEO and Birhutesfa Mulugeta, Director General of ICS on Thursday at Ethiopian Skylight Hotel. The service…

Bunna Bank reveals new brand
Spread the NewsBunna Bank has officially inaugurated its new brand logo with brown and white colors on Wednesday. The new brand has been registered by the Ethiopian Intellectual property Office (EIPO), said the Bank. Bunna (Coffee) is Ethiopia’s brand with high social value. A new brand logo was designed by Berry Advertising PLC. “The brand…

Ethio telecom sign agreement with five virtual internet service providers
Spread the NewsEthio Telecom signed a three-year contractual agreement with five Virtual Internet Service Provider (VISP) partners on Monday. The five partners are WebSprix IT Solutions PLC, Vivatech Trading PLC, Zergaw Internet Service Provider, Skynet IT Solution PLC and Dulle Business Group. Based on the contractual agreement, Ethio Telecom new partners will exclusively provide fixed…

Ethiopia earns $1.28 bln in four months
Spread the NewsMinistry of Trade and Regional Integration announced Wednesday that Ethiopia has earned $1.28 billion from the export of different commodities in four months. The Ministry initially planned to secure $1.31 billion. Agriculture and manufacturing products and service sector activities generated an income of $904, $157 and $188 million, respectively, according to Gebremeskel Challa,…