BY NEW BUSINESS ETHIOPIA REPORTER
The National Bank of Ethiopia (NBE), which devaluated value of birr against major international currency by 20 percent this week, indicated that its latest action will result in increasing the country’s foreign currency. 
BY NEW BUSINESS ETHIOPIA REPORTER
Expanding its marketing, the state-owned Ethiopian Insurance Company (EIC) is set to open its first branch out of Ethiopia in Juba, 
South Sudan.
BY NEW BUSINESS ETHIOPIA REPORTER
Ethiopia needs to introduce formal stock market at the moment through which companies raise capital said top official of African
Development Bank (AfDB).
BY NEW BUSINESS ETHIOPIA REPORTER
Excluding the new private banks, which has not began reporting profit and the state-owned Development Bank of Ethiopia (DBE), the total profit of all commercial banks in Ethiopia, grew by 24 percent this year as compared to similar period last year.
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