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Trading

List Of Investment Banks In Ethiopia

Published by Gbaf News

Posted on October 30, 2012

1 min read

· Last updated: June 11, 2018

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Banking Central Banks Digital banking Capital Markets
Awash International Bank
Bank of Abyssinia
Commercial Bank of Ethiopia
Dashen Bank
Development Bank of Ethiopia
Lion International Bank
National Bank of Ethiopia
Nib International Bank
Oromia International Bank
United Bank
Wegagen Bank
Zemen Bank

Key Takeaways

  • Ethiopia hosts a mix of state‑owned, private commercial, and development banks active in investment and trading.
  • Leading commercial banks include Awash, Dashen, Bank of Abyssinia, Nib, Oromia International, United, Wegagen, Zemen, and state entities like Commercial Bank of Ethiopia and Development Bank of Ethiopia.
  • Awash Capital, a subsidiary of Awash Bank, is the fourth licensed investment bank in Ethiopia, joining CBE Investment Bank, Wegagen Capital, and First Addis Investment Bank in providing capital market services.
  • These banks collectively support Ethiopia’s financial infrastructure through services like trade finance, digital banking, foreign exchange, and capital markets.

References

Frequently Asked Questions

What types of banks operate in Ethiopia?
Ethiopia’s banking sector includes state‑owned banks, private commercial banks, development banks, and licensed investment banks serving capital markets.
Which commercial banks are prominent in Ethiopia?
Key commercial banks include Awash Bank, Dashen Bank, Bank of Abyssinia, Nib International Bank, Oromia International Bank, United Bank, Wegagen Bank, Zemen Bank, and the state‑owned Commercial Bank of Ethiopia and Development Bank of Ethiopia.
What is the status of investment banking in Ethiopia?
Investment banking via capital market service providers is nascent; Awash Capital is the fourth licensed investment bank, joining CBE Investment Bank, Wegagen Capital Investment Bank, and First Addis Investment Bank.

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