Ethiopia Welcomes Foreign Banks into its Banking Sector
2 week ago / Read about 0 minute
Author:小编   

The National Bank of Ethiopia has made a groundbreaking announcement: for the first time, the country's banking sector is opening its doors to foreign banks and investors. This initiative permits these entities to establish subsidiaries, branches, or representative offices and apply for banking licenses. The aim of this measure is to attract foreign investment, thereby enhancing the service quality, efficiency, and inclusivity of the Ethiopian banking sector.