Bank Of Ethiopia
   HOME
*





Bank Of Ethiopia
The National Bank of Ethiopia (NBE) is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion (AFI). History On 15 February 1906, marked the beginning of banking in Ethiopia when the first Bank of Abyssinia was inaugurated by Emperor Menelik II. It was a private bank whose shares were sold in Addis Ababa, New York, Paris, London, and Vienna. The bank opened numerous branches including ones in Harar (1906), Dire Dawa (1908), Gore (1912), and Dese (1920). One of the first projects the bank financed was the Franco-Ethiopian Railway which reached Addis Ababa in 1917. The bank then opened a transit office in Djibouti in 1920. In 1931, Emperor Haile Selassie introduced reforms into the banking system. The Bank of Abyssinia was liquidated the newly established Bank of Ethiopia, a fully go ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

State Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Earle O
Earle may refer to: * Earle (given name) * Earle (surname) Places * Earle, Arkansas, a city in Crittenden County, Arkansas, US * Earle, Indiana, an unincorporated town in Vanderburgh County, Indiana, US * Earle, Northumberland, a settlement in Berwick-upon-Tweed, Northumberland, England * Naval Weapons Station Earle, a US Navy base on Sandy Hook Bay in New Jersey See also * * Earl Earl () is a rank of the nobility in the United Kingdom. The title originates in the Old English word ''eorl'', meaning "a man of noble birth or rank". The word is cognate with the Scandinavian form '' jarl'', and meant "chieftain", particula ... * Earles (other) {{disambiguation, geo ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


George Rea
George Peters Rea (1894 – 1978) was a banker, president of the Drexel Institute of Technology, and the first paid president of what is now the American Stock Exchange. Early life Born in Buffalo, New York Rea attended Cornell University and graduated in 1915. After graduating, Rea served as a bond salesman for the Guaranty Trust Company before the war. In 1917, Rea entered the army during World War I and served one year overseas until was discharged as Captain in the 308th Machine Gun Battalion with the A.E.F. It was while in service in the trenches in World War I that he was exposed to mustard gas, contributing to breathing difficulties throughout his later life. Banking Starting in 1925, Rea worked for Fidelity Trust Co. for four years as chief for its underwriting department, and then as vice president. During that time, he acted as the first president of the Buffalo Stock Exchange in 1928. In 1929, Rea left Colorado to join Goldman Sachs in New York. When the trust departmen ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Neil Perry (banker)
Neil Arthur Perry AM (born 29 June 1957) is an Australian chef, restaurateur, author and television presenter. He also is the co-ordinator for Qantas Flight Catering under his company Rockpool Consulting. He also cooks high quality Korean BBQ foods and is an expert in Asian cuisine. Early life Perry was born in Sydney and attended Newington College and Drummoyne Boys High School. At Newington, a GPS school which stipulates a strict dress code, he wasn't allowed to have long hair. He used to grow his hair in the holidays and roll it up in combs when he went back to school. The school sergeant recognised what he was doing and sent him to the barber to have it cut off. In Year 10, Perry called his mother and said; "I'm leaving school." Following this, he began attending Drummoyne High, a public school, and did not cut his hair for two years, leading to his signature look of a ponytail. In February 2015 Perry was the guest of honour at the official opening of the Founders Hospi ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  




Walter H
Walter may refer to: People * Walter (name), both a surname and a given name * Little Walter, American blues harmonica player Marion Walter Jacobs (1930–1968) * Gunther (wrestler), Austrian professional wrestler and trainer Walter Hahn (born 1987), who previously wrestled as "Walter" * Walter, standard author abbreviation for Thomas Walter (botanist) ( – 1789) Companies * American Chocolate, later called Walter, an American automobile manufactured from 1902 to 1906 * Walter Energy, a metallurgical coal producer for the global steel industry * Walter Aircraft Engines, Czech manufacturer of aero-engines Films and television * ''Walter'' (1982 film), a British television drama film * Walter Vetrivel, a 1993 Tamil crime drama film * ''Walter'' (2014 film), a British television crime drama * ''Walter'' (2015 film), an American comedy-drama film * ''Walter'' (2020 film), an Indian crime drama film * ''W*A*L*T*E*R'', a 1984 pilot for a spin-off of the TV series ''M*A*S*H'' * ''W ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Jack Bennett (banker)
Jack Bennett may refer to: * Jack Bennett (footballer, born 1910) (1910–1975), Australian footballer for Melbourne * Jack Bennett (footballer, born 1920) (1920–1997), Australian footballer for Carlton * Jack Bennett (footballer, born 1922) (1922–2009), Australian footballer for North Melbourne * Jack Bennett (rugby league), rugby league footballer of the 1920s and 1930s * Jack A. W. Bennett (1911–1981), New Zealand-born literary scholar See also * John Bennett (other) {{hndis, Bennett, Jack ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


George Blowers
George Blowers (March 5, 1906 – October 19, 1969) was an American banker. A Harvard graduate, he became governor of the state banks of Liberia, Ethiopia and Saudi Arabia. During his career he was responsible for introducing two new currencies and represented Ethiopia at the Bretton Woods Conference. Early career and Liberia Born on March 5, 1906, in Pineville, Kentucky, Blowers graduated from Harvard University before gaining a job at the National City Bank in New York City in 1928. In 1938 he became general manager of the Bank of Monrovia in Liberia, during which time he was responsible for changing the country's currency from the West African pound ( pegged to sterling) to the Liberian dollar (pegged to the US dollar). The Smithsonian Institution's 1940 National Zoological Park expedition to Monrovia met with Blowers and he presented his household pets, a red forest duiker, a civet cat and a West African linsang, to them for use as zoo exhibits. British Foreign ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Charles S
Charles is a masculine given name predominantly found in English language, English and French language, French speaking countries. It is from the French form ''Charles'' of the Proto-Germanic, Proto-Germanic name (in runic alphabet) or ''*karilaz'' (in Latin alphabet), whose meaning was "free man". The Old English descendant of this word was ''Churl, Ċearl'' or ''Ċeorl'', as the name of King Cearl of Mercia, that disappeared after the Norman conquest of England. The name was notably borne by Charlemagne (Charles the Great), and was at the time Latinisation of names, Latinized as ''Karolus'' (as in ''Vita Karoli Magni''), later also as ''Carolus (other), Carolus''. Some Germanic languages, for example Dutch language, Dutch and German language, German, have retained the word in two separate senses. In the particular case of Dutch, ''Karel'' refers to the given name, whereas the noun ''kerel'' means "a bloke, fellow, man". Etymology The name's etymology is a Common ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

US Dollar
The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equi ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Ethiopian Birr
The birr ( am, ብር) is the unit of currency in Ethiopia. It is subdivided into 100 ''santim''. In 1931, Emperor Haile Selassie I formally requested that the international community use the name ''Ethiopia'' (as it had already been known internally for at least 1,600 years) instead of the exonym ''Abyssinia'', and the issuing ''Bank of Abyssinia'' also became the ''Bank of Ethiopia''. Thus, the pre-1931 currency could be considered the ''Abyssinian birr'' and the post-1931 currency the ''Ethiopian birr'', although it was the same country and the same currency before and after. 186 billion birr were in circulation in 2008 ($14.7 billion or €9.97 billion). History First birr, 1800–1936 In the 18th and 19th centuries, Maria Theresa thalers and blocks of salt called "amole tchew" (አሞሌ) served as currency in Ethiopia. The ''thaler'' was known locally as the ''Birr'' (literally meaning "silver" in Ge'ez and Amharic) or ''talari'' (ታላሪ). The Maria Theresa ''thal ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]