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Ethiopian Banks May Be Less Profitable as Deposit Growth Slows
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Ethiopian Banks May Be Less Profitable as Deposit Growth Slows
Ethiopian Banks May Be Less Profitable as Deposit Growth Slows
Jan. 16 (Bloomberg) -- Ethiopian banks may become less profitable this year as deposit growth slows and because of a law that requires lenders to buy government securities, Access Capital SC said.
Returns on equity are expected to be about 20 percent in coming years, compared with more than 30 percent previously, the Addis Ababa-based group said in an e-mailed research note on Jan. 11. Total income may also drop because of slower growth in lending and as a “growing share of banks’ assets are placed in low-yielding National Bank of Ethiopia paper,” Access said.
Deposit growth is expected to slow “toward 20 to 25 percent” this year, from 30 percent last year, due to slower money-supply growth and competition from state banks, Access said. Non-government lenders’ share of total deposits fell for the first time in the 12 months to July after rising annually for the past 14 years, it said.
10 comments
Comment from: C'est moi senait [Visitor]
There is no money or gold there. It is an imputy host house.
01/17/12 @ 01:21
Comment from: Gashe mamo [Visitor]
This time it is not the Ethiopian Airlines, but it is the bank who is " Going to great lengths to please Meles & Azeb."
With all donations, aid, borrowing they are still emptying the banks. There is a risk involved,.....but actually who cares no body will ask them & besides Ethiopians are the ones who is going to carry the burden. For them we have a tough shoulder.
01/17/12 @ 09:31
Comment from: weygud [Visitor]
The hard worker's business is being confiscated while EFFORT is getting fat. The money deposited from EFFORT is not in the country, it is in England. The gold has been stolen. While bankrupting Ethiopia's bank, pretty soon we will see the growth of banking system in Tigray and Eritrea. Those Diaspora who have been in the banking system, shame on you who are going there to do your "hedge fund" etc, look at what happened to America under bankrupted bankers. So stop copying evil banking system from West and TPLF would love to have that to amass millions.
01/17/12 @ 10:32
Comment from: C'est moi senait [Visitor]
When shabia and weyannes shiftta came to addis,they simply marched directly to Ethiopia bank and looted the whole reserved gold and send it to Asmara. There they removed the Ethiopian reserve gold sign and sold it to entire eritreans some with Eritrean maps, sure you have seen some bimbi bandas wearing a neckless with Eritrean map.
But now, the only gold that you find in Ethiopia bank is A fake gold painted by Weyanne artist, and you never ever seen any real gold that is owned by Al amoudiii of that Arab. He fly I directly to his saudi Market.
But now, the only gold that you find in Ethiopia bank is A fake gold painted by Weyanne artist, and you never ever seen any real gold that is owned by Al amoudiii of that Arab. He fly I directly to his saudi Market.
01/17/12 @ 12:28
Comment from: Mesfin B [Visitor]
The truth is not far from what C'est moi senait said.
It is really a bankrupt nation run by the shifta meles.
"What a country"
It is a shame my homeland is in such a dire situation.
It is really a bankrupt nation run by the shifta meles.
"What a country"
It is a shame my homeland is in such a dire situation.
01/17/12 @ 13:27
Comment from: GEDION--NASHVILLE,TN [Visitor] 
A Bank who will fight you to the death even when they are dead wrong.
A Bank who skates on the thin line of legality
Worst. Bank. Ever.
B of A teller "Thank you for calling Bank of ETHIOPIA , may we ruin your life today?"
A of A Broker "Yes sir, I am aware we approved your loan and gave you the money, but we changed our mind. Our CEO needs a new plane made out of gold and blood from orphens."
B of A credit dept "Ma'am, are aware you are now exaclty 5.8 seconds late paying your bill? We have to charge you a $500 late penalty. And a $100 fee for calling in your payment. And an extra $75 for my bonus. Oh that puts you over your limit... theres a fee for that too.. Anything else?"
A Bank who skates on the thin line of legality
Worst. Bank. Ever.
B of A teller "Thank you for calling Bank of ETHIOPIA , may we ruin your life today?"
A of A Broker "Yes sir, I am aware we approved your loan and gave you the money, but we changed our mind. Our CEO needs a new plane made out of gold and blood from orphens."
B of A credit dept "Ma'am, are aware you are now exaclty 5.8 seconds late paying your bill? We have to charge you a $500 late penalty. And a $100 fee for calling in your payment. And an extra $75 for my bonus. Oh that puts you over your limit... theres a fee for that too.. Anything else?"
01/17/12 @ 13:38
Comment from: GEDION--NASHVILLE,TN [Visitor]
Government
A money-driven conspiracy of liars, cheaters, and conartists claiming to control all morality. They assume that they know everything, including the difference between right and wrong, but to not realize how hypocritical they truly are. They will create their own destrution, while their victoms sit and watch them fall. A financial institution designed to nickel and dime its members to no end. Banks complain about Credit Unions (CU) because they are "not for profit" and subsequently do not have to pay taxes. However despite the competitive nature of banks and credit unions, banks have not suffered any loss in profit. On the contrary, banks have enjoyed record breaking profits increasingly each year. Banks will always be finding new ways to take your money to increase their profits so all the about MONEY MONEY& credit unions because they don't have as many fees is just whiney suck ass for them.
Examples of Bank Fees:
Application fee
Activation fee
Teller fee
Drive up fee
Balance Inquiry fee
Balance transfer fee
Account opening fee
Account closing fee
Check cashing fee
Checking account monthly service fee
Savings account monthly service fee
PIN setup fee
PIN change fee
Lost card fee
advising fee
issuing fee
confirmation fee
amendment fee
acceptance fee
Negotiation fee
Brokers fee
Check cashing fee on checks drawn on same bank.
ATM withdrawl fee
ATM deposit fee
Participation fee
Self overdraft fee from savings to checking.
IRS refund anticipation loan fees (up to 1,700% APR)
when do the fees end? Banks need MORE Credit unions to compete against. Credit unions have their own stupid fees but with the amount of interest saved in most loans, it's worth it to investiaget both.
A money-driven conspiracy of liars, cheaters, and conartists claiming to control all morality. They assume that they know everything, including the difference between right and wrong, but to not realize how hypocritical they truly are. They will create their own destrution, while their victoms sit and watch them fall. A financial institution designed to nickel and dime its members to no end. Banks complain about Credit Unions (CU) because they are "not for profit" and subsequently do not have to pay taxes. However despite the competitive nature of banks and credit unions, banks have not suffered any loss in profit. On the contrary, banks have enjoyed record breaking profits increasingly each year. Banks will always be finding new ways to take your money to increase their profits so all the about MONEY MONEY& credit unions because they don't have as many fees is just whiney suck ass for them.
Examples of Bank Fees:
Application fee
Activation fee
Teller fee
Drive up fee
Balance Inquiry fee
Balance transfer fee
Account opening fee
Account closing fee
Check cashing fee
Checking account monthly service fee
Savings account monthly service fee
PIN setup fee
PIN change fee
Lost card fee
advising fee
issuing fee
confirmation fee
amendment fee
acceptance fee
Negotiation fee
Brokers fee
Check cashing fee on checks drawn on same bank.
ATM withdrawl fee
ATM deposit fee
Participation fee
Self overdraft fee from savings to checking.
IRS refund anticipation loan fees (up to 1,700% APR)
when do the fees end? Banks need MORE Credit unions to compete against. Credit unions have their own stupid fees but with the amount of interest saved in most loans, it's worth it to investiaget both.
01/17/12 @ 14:14
Comment from: GEDION--NASHVILLE,TN [Visitor]
1. Discourages enjoyment, recreation,
creativity, human rights and freedom.
2. Encourages corrupt beliefs, productivity, slavery and propaganda.
3. Money making totalarianists.
4. Wish to enslave every man woman and child.
5. Creator of the matrix- the routine which our lives follow e.g born, work, die.
6. Try to force corrupt opinions and lies onto your thinking through the use of propaganda.
7. Think they know what's better for you... which is total bullshit.
8. A system which should crash and burn whilst we laugh at its incompetence.
9. Control- nothing more, nothing less.
10. Will destroy you if you question them.
11. In it for the money.
12. Create the illusion of freedom- the reality is domination.
13. Fail to realise that humans cannot be governed by control- control is governed by man: with us, control is exercised when necessary- unlike the government, where it is abused to enforce order.
14. hated by teenagers and anyone with any sense
15. Crash
16. Burn
17. DIE!
18. FOREVERMORE!
19. "By tomorrow, I will be dead.
Something which always has too many flaws and is never perfect
What would happen under certain governments; lies lies lies and more lies all which one of the ethiopian government I AM confused confused
Communism: You have two cows. The governemt takes away both, gives you a small share of the proceeds and shares the rest out with the population or all people's needs are supplied by a strong central government. Everybody is working for the greater good. Its flaws are the most basic of them all. You have no freedom to excel at life and will always be under the rule of the government. etc.
Socialism: You have two cows. The government takes away just one and shares it out between themselves and the population
Liberalism: You have two cows. The government taxes you slightly on the sale of them
Conservatism: You have two cows. You are taxed almost zero on the sale of them, but the agricultural business will be subject to a recession pretty soon anyway
Fascism: You have two cows. The government takes away both and shoots you
Monarchy- all people are under a king/queen/etc. This would work very nicely but it all depends on the ruler at that time. If they oppresse the people or help the people.
Democracy- You all know what that is and in modern society it is easy to spot the flaws once again it usually ends with a struggle for power between the political parties but out of all of them. This is the closest to "free society".
Anarchy- there is NO CENTRAL GOVERNMENT. I classify this as a government because it works for the commen goal of equality. This is easily the most flawed due to human nature, ignorance, greed and all vices of humans. But beleiving in no government qquals a government. It controdicts it self and creates a pandorax.
In order of most likely working in modern society are:
1. - There is No Perfect Government as of yet.
2. Democracy
3. Communism
4. Monarchy
5. Anarchy
6. Tolitarinism (You have no rights, in this form of government)
Think of it this way --- "All known governments should have its flaws. The piont of humans on this earth is to figure out which one works best"
creativity, human rights and freedom.
2. Encourages corrupt beliefs, productivity, slavery and propaganda.
3. Money making totalarianists.
4. Wish to enslave every man woman and child.
5. Creator of the matrix- the routine which our lives follow e.g born, work, die.
6. Try to force corrupt opinions and lies onto your thinking through the use of propaganda.
7. Think they know what's better for you... which is total bullshit.
8. A system which should crash and burn whilst we laugh at its incompetence.
9. Control- nothing more, nothing less.
10. Will destroy you if you question them.
11. In it for the money.
12. Create the illusion of freedom- the reality is domination.
13. Fail to realise that humans cannot be governed by control- control is governed by man: with us, control is exercised when necessary- unlike the government, where it is abused to enforce order.
14. hated by teenagers and anyone with any sense
15. Crash
16. Burn
17. DIE!
18. FOREVERMORE!
19. "By tomorrow, I will be dead.
Something which always has too many flaws and is never perfect
What would happen under certain governments; lies lies lies and more lies all which one of the ethiopian government I AM confused confused
Communism: You have two cows. The governemt takes away both, gives you a small share of the proceeds and shares the rest out with the population or all people's needs are supplied by a strong central government. Everybody is working for the greater good. Its flaws are the most basic of them all. You have no freedom to excel at life and will always be under the rule of the government. etc.
Socialism: You have two cows. The government takes away just one and shares it out between themselves and the population
Liberalism: You have two cows. The government taxes you slightly on the sale of them
Conservatism: You have two cows. You are taxed almost zero on the sale of them, but the agricultural business will be subject to a recession pretty soon anyway
Fascism: You have two cows. The government takes away both and shoots you
Monarchy- all people are under a king/queen/etc. This would work very nicely but it all depends on the ruler at that time. If they oppresse the people or help the people.
Democracy- You all know what that is and in modern society it is easy to spot the flaws once again it usually ends with a struggle for power between the political parties but out of all of them. This is the closest to "free society".
Anarchy- there is NO CENTRAL GOVERNMENT. I classify this as a government because it works for the commen goal of equality. This is easily the most flawed due to human nature, ignorance, greed and all vices of humans. But beleiving in no government qquals a government. It controdicts it self and creates a pandorax.
In order of most likely working in modern society are:
1. - There is No Perfect Government as of yet.
2. Democracy
3. Communism
4. Monarchy
5. Anarchy
6. Tolitarinism (You have no rights, in this form of government)
Think of it this way --- "All known governments should have its flaws. The piont of humans on this earth is to figure out which one works best"
01/17/12 @ 14:42
Comment from: C\'est moi senait [Visitor]
Gedion
You forgot to mention
Cronyism and Nepotism. These two are common enemy of ethiopia in the 21 century . The Oxfam and USAID made weyannes self govt. Is full of it. These dedebs weyannes are in every puplic offices with guns in their pocket ready to kill any one who object them with Meritocracy.
You forgot to mention
Cronyism and Nepotism. These two are common enemy of ethiopia in the 21 century . The Oxfam and USAID made weyannes self govt. Is full of it. These dedebs weyannes are in every puplic offices with guns in their pocket ready to kill any one who object them with Meritocracy.
01/17/12 @ 21:34
Comment from: abc [Visitor]
yes,yes .yes .that is why they get loan from china the amount of $3000000 m dollares with out proper agrement.
01/18/12 @ 20:48
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