Ethiopia The history of banking in Ethiopia Before, 1994, Ethiopia’s banking sector was state-owned. However, since then, the country’s banking system has become mostly private-owned, triggering immense growth. But just, how did that happen?
Bank Reviews The National Bank of Ethiopia—Everything you need to know Since its creation in 1966, the National Bank of Ethiopia has overseen and regulated 18 commercial banks, 17 insurance companies, and 31 microfinance institutions in Ethiopia.