Addis Business Review – Tsehay Bank reported a provisional loss of 238 8 million Br

Tsehay Bank reported a provisional loss of 238 8 million Br Tsehay Bank Reports Provisional Loss Tsehay Bank has announced a provisional loss of 238.8 million birr in its latest financial report. The bank attributed the setback to rapid operational expansion that outpaced growth in resources and paid-up capital, creating a structural imbalance in its operations Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share your story and reach more customers! Let’s grow together on < A href="https://addisbusinessreview.com"> Addis Business Review ! Contact Addis Business Review : 📞 Phone: +251 090-624-0000 📧 Email: addissolutions2…
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Addis Business Review – ZemZem Bank Declines Merger with Hijra Bank

ZemZem Bank Declines Merger with Hijra Bank ZemZem Bank has officially announced that it will not merge with Hijra Bank, citing its achievement of reaching 5 billion birr in paid-up capital. The decision comes in line with the National Bank of Ethiopia’s directive requiring banks to strengthen their capital base. By meeting the regulatory threshold independently, ZemZem Bank stated it is well-positioned to continue operating on its own, reinforcing its commitment to growth and stability in Ethiopia’s financial sector. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share your story and reach more customers! Let’s grow together on < A…
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Addis Business Review – National Bank of Ethiopia Warns Against Illegal Forex Transfer Agents

National Bank of Ethiopia Warns Against Illegal Forex Transfer Agents National Bank of Ethiopia (NBE) has issued a strong warning to the Ethiopian diaspora and the wider public regarding the use of unauthorized foreign currency transfer agents. In its latest announcement, the central bank emphasized that several entities claiming to facilitate foreign exchange transfers into Ethiopia are operating without legal recognition. According to the NBE, these agents are not licensed under Ethiopian financial regulations and therefore pose significant risks to senders and recipients. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share your…
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Addis Business Review – Breaking News Ethiopia’s Central Bank Warns Remittance Agencies and Recipients

Breaking News Ethiopia's Central Bank Warns Remittance Agencies and Recipients The National Bank of Ethiopia (NBE) has issued a stern warning to remittance agencies and recipients, emphasizing that legal action will be taken against those operating outside the bounds of Ethiopian financial law. This announcement follows a high-level discussion held between NBE officials and representatives of remittance agencies based in the United States. The central bank expressed serious concerns over the continued use of unlicensed money transfer services by members of the Ethiopian diaspora. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share …
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Addis Business Review – Clients Concerned Over Increased Service Charges and VAT at Commercial Bank of Ethiopia

Clients Concerned Over Increased Service Charges and VAT at Commercial Bank of Ethiopia Commercial Bank of Ethiopia (CBE) has recently implemented a hike in service charges for money transfers, alongside the introduction of a 15% Value Added Tax (VAT) on these services. The move has sparked concern among clients. Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service providers join us to share your story and reach more customers! Let’s grow together on < A href="https://addisbusinessreview.com"> Addis Business Review ! Contact Addis Business Review : 📞 Phone: +251 090-624-0000 📧 Email: addissolutions22@gmail.com 🌐 Website:< A href="https://addisbusi…
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Addis Business Review – አዲሱ የቤት እና መኪና ብድር ከእናት ባንክ | ዝርዝር መረጃ – Ethiopia Bank Loan

አዲሱ የቤት እና መኪና ብድር ከእናት ባንክ | ዝርዝር መረጃ - Ethiopia Bank Loan Looking for a house or car loan in Ethiopia? This video is your complete guide! Enat Bank has officially launched a new loan service tailored for individuals who dream of owning a home or a vehicle. Whether you're a first-time buyer or planning to upgrade, this video breaks down everything you need to know. ❓ Questions Answered in the Video: How do I apply for a house or car loan in Ethiopia? What are the eligibility requirements? What documents do I need to prepare? How long does the approval process take? #Ethiopia #Bank #Enatbank #loan Subscribe to Addis Business Review Addis Business Review - አዲስ ቢዝነስ ሪቪው Official YouTube channel for Addis Business Review (ABR) We’re here to showcase Ethiopia’s newest businesses, innovative products, and unique services. Through honest reviews and engaging features, we connect audiences with the latest in the Ethiopian business world. Business owners and service pr…
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Addis Daily News ንግድ ባንክ የዛሬ መግለጫ – Commercial Bank of Ethiopia | Addis Daily

ንግድ ባንክ የዛሬ መግለጫ - Commercial Bank of Ethiopia | Addis Daily ሰበር ዜና,ዘ-ሐበሻ የዕለቱ ዜና,ethiopia: ሰበር ዜና,ዜና,ስፖርት ዜና,ኩሉ ዜና,ethiopia: ዘ-ሐበሻ የዕለቱ ዜና | zehabesha daily news,ዜና ትግርኛ,ዜና ትግራይ,ዜና ኩሉ ሚድያ,ሰበር ዜና ትግራይ,ኩሉ ሚድያ ሰበር ዜና,ethiopia,ethiopian,ethiopian news,zehabesha official,shukshukta,esat news,ethio 360 media,new ethiopian music,oromo,eritrean news,abiy ahmed,mezmur,abel birhanu,ethiopia- ሰበር መረጃ,seifu on ebs,tigray,አስገራሚ,አሳዛኝ,አብይ አህመድ,ethio forum,debretsion gebremichael,getachew reda ethiopian news,news,latest ethiopian news,ethiopia,ethiopian,etv news,abel news,amharic news,news today,ethiopian news today,esat news today,ethiopia: ዘ-ሐበሻ የዕለቱ ዜና | zehabesha daily news,latest news,news today usa,esat news,aljazeera live news,world news today,new ethiopian music,ethiopia: ሰበር ዜና,ethiopia- ሰበር መረጃ,breaking news,eritrean news,protests in ethiopia,ems ethiopia,anchore ethiopia,ethiopia zena,ethiopia protests,bbc news Stay updated on what's happening in Ethiopia! Join us for our dail…
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The National Bank of Ethiopia to Explore the Potential of Central Bank Digital Currency

The National Bank of Ethiopia (NBE) has taken another step into the world of digital finance by announcing its exploration of Central Bank Digital Currency (CBDC).

The bank, in collaboration with Giesecke+Devrient (G&D), a German company that provides banknotes, securities printing, and smart cards, hosted a workshop on efficient currency management operations for the banking community yesterday, November 8, 2023.

“NBE will pursue a strategy of enhancing electronic payment system, modernizing current currency management system and exploring the potential of CBDC,” wrote the regulator on X, formerly Twitter.

CBDC is a form of digital currency issued by a country’s central bank. They are similar to cryptocurrencies, except that their value is fixed by the central bank and equivalent to the country’s fiat currency. Many countries are developing CBDCs, and some have even implemented them, with different levels of success.

Researchers state that CBDC …

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Dashen Bank Join Forces with Mastercard to Launch Virtual Prepaid Card for Travelers

Dashen Bank has teamed up with Mastercard to launch the ‘Dashen Mastercard,’ a multi-currency international prepaid card designed for travelers.

The announcement was unveiled at a press conference today, offering both plastic and virtual options, providing customers with flexibility and convenience for their international transactions.

The Dashen Mastercard features a dual-interface plastic card, allowing customers to make both contact and contactless transactions at ATMs and POS machines. It also enables cash withdrawals from ATMs, payments on POS terminals, and offers users the freedom to make online purchases at any merchant website worldwide where Mastercard is accepted.

The Dashen Mastercard is reloadable, allowing users to load funds onto the card as needed at forex bureaus. The card also supports multiple currencies, enabling customers to have separate wal…

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