ADDIS ABABA — Experts believe that allowing foreign banks to operate in Ethiopia would significantly ... Economist and former World Bank Advisor Gabriel Nigatu highlighted that foreign banks ...

The countries being targeted include Ethiopia, Angola ... In November 2013, it acquired subsidiaries of International Commercial Bank Financial Group Holdings AG (ICBFGH) in The Gambia, Sierra ...

The Central Bank (CB) this week unveiled an ambitious policy agenda: inflation stabilisation, a fostered economy, and financial stability for 2025 and beyond. Governor Nandalal Weerasinghe indicated ...

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Big banks with Wall Street arms saw major surges in revenue in 2024 after the drought of the previous two years. That was thanks in large part to American corporations’ growing optimism, which ...

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Riyad Bank’s 9M 2024 profit up 16% to SAR 7.06B; Q3 at SAR 2.65B 9 M 2024 Riyad Bank’s H1 2024 profit rises 10% to SAR 4.41B; Q2 at SAR 2.33B 6 M 2024 Riyad Bank profit up 3% to SAR 2.07B in Q1 2024 3 ...

Nigeria’s oldest bank, First Bank, has targeted at least four African markets in its following growth strategies as African financial systems open up new vistas. The countries include Ethiopia, Angola ...

More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, including Ethiopia ...