Following the recent proclamation to liberalize the banking sector, foreign banks can still only acquire up to 30% of domestic banks in Ethiopia. On the other hand, there is room for individual foreigners and foreign non–bank investors, both capped at 5%. Combined, the maximum stock foreigners can hold of any established Ethiopian bank is set...

This content is for Free Subscription members only. Subscribe. It's Free.
Login Join Now

The opinions expresses here in the post "Snippet: Ownership Stake of Foreigners in Ethiopia’s Banking Sector" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.


Hanna is an aspiring economist in her final year at Addis Ababa University. She has written hundreds of insightful daily stories, analyses, and features about the Ethiopian economy and beyond.

Comments are closed.