Enat Bank, Eziti PLC sign partnership agreement to create jobs

Enat Bank, Eziti PLC sign partnership agreement to create jobs

Enat Bank Share Company and Eziti Information Service PLC have signed a strategic partnership to create jobs, especially for women. The agreement has been signed by Enat Bank and Eziti Information Service PLC on Thursday at Intercontinental Addis. Eziti will recruit job seekers and provide trainings to them. It will also address complaints which will…

Bank of Abyssinia signs contract for new headquarters construction project

Bank of Abyssinia signs contract for new headquarters construction project

Bank of Abyssinia (BoA) signed a contract with China State Construction and Engineering Corporation (CSCEC) for the construction of its new headquarters. The agreement was signed on Thursday at Hyatt Regency Hotel. BoA future headquarters buildings project is like a vertical city that fully meets the demands of all functions and gives visitors an extraordinary…

Ethiopia earns record-breaking $1bln from Coffee exports in 10 months

Ethiopia earns record-breaking $1bln from Coffee exports in 10 months

Ministry of Agriculture said that Ethiopia has garnered a record breaking $1 billion from Coffee export earnings in ten months of the current fiscal year. Oumer Hussein, Minister of Agriculture, has congratulated “Coffee families” on the achievement in his tweet on Thursday. China has once again emerged as the top buyer of Ethiopian coffee, and…

Bunna Bank awards customers

Bunna Bank awards customers

Bunna Bank Share Company has awarded its customers, who are working in mass and freight transport services. The awards have been presented to Bank’s 34 lucky customers on Thursday in a program held at Ghion Hotel. This round of “Save and get prized” program has been held for the sixth time. The awards the Bank…

Banks told to prevent themselves from threats of financial liberalization

Banks told to prevent themselves from threats of financial liberalization

Yared Hailemeskel, an Investment Advisor, told Ethiopian Banks to protect themselves from the threats of financial liberalization. The Advisor has presented his survey findings regarding the financial sector liberalization on the fifth edition of the East African Finance Summit on Wednesday. Ethiopian Banks have lower capital; less developed in technological aspects and banking services, said…

Ethiopia’s economy predicted to grow at 6.6% despite challenges

Ethiopia’s economy predicted to grow at 6.6% despite challenges

The National Macroeconomic Council, which is led by Prime Minister Abiy Ahmed (PhD), said Tuesday that Ethiopia’s economy will grow at a rate of 6.6% in this Ethiopian fiscal year despite the challenges the economy has been facing. Members of the Council has discussed on the nine months macroeconomic performance of the country on Tuesday….