List Of Banks In Ethiopia
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Hibret Bank (Ethiopia)
Hibret( Ge'ez: ሕብረት), is a village town in Asgede district in the Tigray Region of Ethiopia located 52 km west of Shire in the way from Inda Aba Guna to Hitsats. The town is the administrative center of the Hibret subdistrict (tabia) home to more than 10,000 residents. During the Tigray war on 29 April 2021, more than 20 civilians were killed by the Ethiopian National Defence Forces The Ethiopian National Defense Force (ENDF) ( am, የኢፌዲሪ መከላከያ ሠራዊት, Ye’īfēdērī mekelakeya šerawīt, lit=FDRE Defense Force) is the military force of Ethiopia. Civilian control of the military is carried out t ... in this village town. References Populated places in the Tigray Region {{Tigray-geo-stub ...
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Lists Of Companies Of Ethiopia
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ...
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Banks Of Ethiopia
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United Bank f ...
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National 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 ...
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Amhara Bank
Amhara may refer to: * Amhara people, an ethnic group of Ethiopia * Amharic, a language spoken by the Amhara people * Bete Amhara, a lordship and later province of medieval Ethiopia * Amhara Province, a historical region of Ethiopia * Amhara Region, an administrative region of modern Ethiopia * Amhara, Bihar, India * Amhara, a subdivision of the former Italian East Africa See also * Amara (other) * Amroha Amroha is a city in the state of Uttar Pradesh in India. It is located north-west of Moradabad, near the Ganga River. It is the administrative headquarters of the Amroha district. Geography Amroha is located north-west of Moradabad, near the ..., Uttar Pradesh, India {{disambiguation, geo Language and nationality disambiguation pages ...
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Shabelle Bank
The Shebelle River ( so, Webi Shabeelle, ar, نهر شبيلي, am, እደላ) begins in the highlands of Ethiopia, and then flows southeast into Somalia towards Mogadishu. Near Mogadishu, it turns sharply southwest, where it follows the coast. Below Mogadishu, the river becomes seasonal. During most years, the river dries up near the mouth of the Jubba River, while in seasons of heavy rainfall, the river actually reaches the Jubba and thus the Somali Sea. The Shebelle river's name is derived from the Somali term ''Webi Shabeelle'', meaning "Leopard River". The Somali administrative regions consisting of Middle Shebelle and Lower Shabeelle are also named after the river. Tributaries The Shebelle has a number of tributaries, both seasonal and permanent rivers. They include: * Erer River * Galetti River * Wabe River The Fafen only reaches the Shebelle in times of heavy rainfall; its stream usually ends before reaching the main river. History Ajuran Empire During the middle ag ...
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Hijra Bank
Hijra, Hijrah, Hegira, Hejira, Hijrat or Hijri may refer to: Islam * Hijrah (often written as ''Hejira'' in older texts), the migration of Muhammad from Mecca to Medina in 622 CE * Migration to Abyssinia or First Hegira, of Muhammad's followers in 615 CE * Lunar Hijri calendar (widely known as "the Islamic calendar", although there is more than one Islamic calendar), the lunar calendar used by the majority of Muslims ** Hijri year (, AH), the number of a year in the Hijri calendar * Solar Hijri calendar, a solar Islamic calendar used primarily in Iran and Afghanistan Literature * ''Hijra'', by the Malayalam poet Moyinkutty Vaidyar * ''Hegira'' (novel), by Greg Bear, 1979 *Hegira, a fictional exodus from Earth in the ''Hyperion Cantos'' novels Music * ''Hejira'' (album), by Joni Mitchell, 1976 * ''Hijrah'', a 2016 album by George Hirsch Other uses * HIJRA (Humanitarian Initiative Just Relief Aid), an African organization * Hijra (South Asia), a term for eunuchs, and intersex ...
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ZamZam Bank
The Zamzam Well is a well in the Masjid al-Haram in Mecca, Saudi Arabia. Zamzam or Zam Zam may also refer to: * Zamzam (given name) * Zamzam (soft drink), a soft drink produced in Iran * Zamzam (party), a Jordanian political party * , an Egyptian ship sunk by a German auxiliary cruiser in April 1941 * ''Zam Zam'' (film), a 2021 Indian Malayalam-language film * Zichron Menachem (ZAMZAM), an Israeli association for the support of children with cancer and their families * Zamzam, Libya, a settlement in Sirte See also * Zamzama The Zamzama Gun ( ur, , meaning "thunder" or "roar", sometimes written "Zam-Zammah" or "Zam-Zammeh") also known as ''Kim’s Gun'' or ''Bhangianwali Toap'' is a large-bore cannon. It was cast in about 1757 in Lahore (present-day Pakistan) du ...
, a cannon outside Lahore Museum, immortalized by Rudyard Kipling in his novel ''Kim'' {{disambiguation ...
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Development Bank Of Ethiopia
The Development Bank of Ethiopia (DBE) is a specialized state-owned development financial institution, which is supervised by the Public Financial Enterprises Agency in Ethiopia. The Development Bank of Ethiopia was the first development finance institution in Ethiopia and as such it was designed to: "(a) assist in the development of industrial and agricultural production... (and) (b) foster the investment of private capital for productive purposes..." History The goal of this bank is to promote economic development via financing commerce, industry, agriculture, and manufacturing. Each period of Ethiopian political history has used the bank for different purposes. Thus, the bank has changed its name several times: Imperial government (−1974) The bank was established in 1909 as the Societe Nationale d'Ethiopie Pour le Development de l'agriculture et de Commerce. In 1945, the Agricultural Bank was established but was replaced by the Development Bank in 1951. In 1970, the b ...
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