Ethiopia to open up banking sector to foreign investors
The Government of Ethiopia has decided to amends laws to allow foreign investments in the country’s banking sector, reported Reuters…
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Bank of Abyssinia chooses Temenos to digitise banking services in Ethiopia
Ethiopia’s Bank of Abyssinia (BoA) has teamed up with Xpert Digital to implement Temenos Infinity to digitise its banking services…
Dashen Bank taps Thunes to facilitate remittances to Ethiopia
Dashen Bank in Ethiopia has entered into a partnership with Thunes to facilitate fund transfers to the country. The move…
Thunes rolls out cash pickup service in Ethiopia with Lion Bank
Singapore-based cross-border payment provider Thunes has partnered Lion International Bank (LIB) to launch a cash pickup service in Ethiopia. Under…
Ethiopia’s OIB goes live with ICSFS banking solutions
Ethiopian lender Oromia International Bank (OIB) has gone live with ICS Financial Systems’ (ICSFS) banking solutions. OIB replaced its legacy…
Standard Bank opens Ethiopia representative office
South African lender Standard Bank has expanded its presence in East Africa with the launch of a representative office in…
Ethiopian banks to offer mobile money services
Ethiopian banks and microfinance firms are introducing mobile money services, in a bid to reach out to consumers with little…
Ethiopias Awash International Bank deploys Misys FusionBanking Essence
Ethiopias Awash International Bank (AIB) has implemented Misys FusionBanking Essence for transforming its core and branch banking processes.