The National Bank of Ethiopia (NBE) approved Hailu Alemu, who is currently vice president of Credit and Branch Operations of Nib International Bank SC (NIB), as president along with 11 board members ...
One of the youngest entrants into the banking industry, Addis International Bank, registered a net profit of 112.9 million Br, an 18pc increase from the previous reporting period. Despite the moderate ...
ADDIS ABABA, March 27 (Reuters) - The state-owned Commercial Bank of Ethiopia has recovered more than three-quarters of the $14 million it lost when a software glitch earlier this month allowed ...
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