Kenyan Banks Likely to Flood Ethiopia After Last Hurdle Removed
submitted almost 2 years ago by Samuelwriter_ke
submitted almost 2 years ago by Samuelwriter_ke
- Ethiopian lawmakers approved a new banking law allowing foreign banks, including Kenyan banks, to enter Ethiopia's financial sector.
- Foreign banks can open subsidiaries in Ethiopia, but their combined shareholding is limited to 49%, with the remaining shares required to be owned by Ethiopians.
Advertisement
No comments yet
Be the first to share your opinion!