Tseday Bank eyes Yohannes Ayaleu as next president

January 30, 2026

由 AI 报道

Tseday Bank has nominated Yohannes Ayaleu as its next president. This move signals an administrative change within the bank.

Tseday Bank, a financial institution in Ethiopia, has selected Yohannes Ayaleu to serve as its next president. This information comes from Addis Fortune, indicating a key shift in the bank's leadership. In the Ethiopian banking sector, such changes often reflect strategic adjustments in management. Further details are not yet available, but this appointment underscores a period of transition for the bank.

Dr. Yohannes Ayalew nominated for Tsehay Bank presidency

Dr. Yohannes Ayalew, executive of Amhara Bank, has been nominated to replace Ato Mekonnen Lewamo Senen as president of Tsehay Bank. This move comes amid the bank's significant financial challenges. It offers hope for stabilizing the institution.

Development Bank of Ethiopia ousts top leadership after dispute

December 16, 2025 由 AI 报道

The Development Bank of Ethiopia (DBE) has implemented an administrative change by ousting its top leadership. This follows a boardroom dispute that spilled over into management. Specific details on the individuals affected remain undisclosed in available reports.

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Abay Bank surges on currency gains and rapid growth

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Bank of Abyssinia reaches key financial milestone

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Governor Eyob Ends NBE Deposit Rate Floors to Restore Policy Credibility

National Bank of Ethiopia scraps 7% deposit interest rate floor

The National Bank of Ethiopia (NBE), under Governor Eyob, eliminated the 7% minimum interest rate floor on savings deposits in late December 2025, allowing market-driven rates to restore monetary policy credibility amid economic challenges.

Ethiopia's central bank launches automated forex trading system

January 23, 2026 由 AI 报道

Ethiopia's National Bank has launched an automated trading system that transforms the foreign exchange management framework. This new platform enables real-time interbank forex trading. It marks a significant update in the country's financial infrastructure.

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