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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… more »

Bank of Ethiopia registers record profits, announces Internet banking State owned Ethiopian Commercial Bank (ECB) on Monday announced a €200 million for the 2010/2011 fiscal year, which is the highest in the country’s history. The profit was also… more »

Ethiopia’s Commercial Bank Signs Mobile Banking Accord With IBM Commercial Bank of Ethiopia, the country’s largest lender by revenue, has signed a deal for International Business Machines Corp. (IBM) to build a platform to deliver electronic banking s… more »