✉news BusinessBanking first seen 1 d ago, last 10 h ago, peak #22
Ethiopia's Central Bank Weighs Fully Owned Foreign Bank Entry
Original: Central Bank Weighs Greenfield Entry For First Fully Owned Foreign Banks
The National Bank of Ethiopia is considering allowing greenfield entry for the country's first fully owned foreign banks, according to The Reporter Ethiopia. The move would mark a significant opening of Ethiopia's banking sector, which has long been closed to wholly foreign-owned institutions, and is drawing attention from investors and industry watchers watching the country's financial liberalisation.
Why now: Reform of Ethiopia's long-closed banking sector to admit wholly foreign-owned banks is a major financial policy shift.
National Bank of EthiopiaEthiopiaThe Reporter Ethiopia
Rank over time, top of the chart is #1. 14 snapshots from 1 d ago to 10 h ago.
Evidence
- Central Bank Weighs Greenfield Entry For First Fully Owned Foreign Banks · The Reporter Ethiopia
API: https://socialmediatrends-api.osmike.com/v1/trends/849825