𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮𝗻 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗧𝗶𝘁𝗮𝗻 𝗬𝗮𝗿𝗲𝗱 𝗠𝗼𝗹𝗮 𝗘𝗹𝗲𝗰𝘁𝗲𝗱 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗼𝗳 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻

Yared Mola, CEO of Nyala Insurance S.C. and President of the Association of Ethiopian Insurers, has been elected President of the African Insurance Organisation. His appointment was confirmed during the closing ceremony of the 51st AIO Conference and Annual Assembly, held from May 26–28, 2025, at Skylight Hotel in Addis Ababa.

@PatternFin

Sidi Ould Tah elected ninth president of the African Development Bank Group.

Tah was elected by the Bank’s Board of Governors, comprising finance and economy ministers or central bank governors of the Bank Group’s 81 regional and non-regional member countries. The board is the highest decision-making authority for the Bank Group.

Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina.
#AfDB

@PatternFin

𝗡𝗕𝗘 𝗔𝗽𝗽𝗿𝗼𝘃𝗲𝘀 𝗪𝗲𝗴𝗮𝗴𝗲𝗻’𝘀 𝗡𝗼𝗻-𝗖𝗼𝗹𝗹𝗮𝘁𝗲𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗟𝗼𝗮𝗻𝘀 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗘𝗳𝗼𝘆𝘁𝗮 𝗧𝗮𝗿𝗴𝗲𝘁𝗶𝗻𝗴 𝗮 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀

Wegagen Bank’s Efoyta digital lending platform gets the green light from the National Bank of Ethiopia.

Requiring no collateral and physical branch visits, Efoyta offers an AI-powered digital loan enabled by Kifiya's Qena system.

185,000 people reached. 2.6B Birr disbursed in pilot phase. 1M target customers.

Regulatory clarity, AI-driven credit models, and inclusive loan design position the platform as a leading test case for fintech-led MSME finance.
#Efoyta #DigitalLending #MSMELending #WegagenBank

@PatternFin

Tax audit conducting procedure and issuing tax assessment directive 1063/2025

@PatternFin

𝗔𝗱𝗱𝗶𝘀 𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗯𝗮𝗻𝗸 𝗥𝗲𝗯𝗿𝗮𝗻𝗱𝘀 𝗮𝘀 '𝗔𝗱𝗱𝗶𝘀 𝗕𝗮𝗻𝗸'

Addis International Bank S.C. has reintroduced itself to the market under a new name and brand identity as Addis Bank S.C.

Haylu Alemu, the CEO of Addis Bank, explained during the announcement that the rebranding and name change were undertaken to align with the bank's long-term vision and strategic goals.

The bank’s former slogan, “Your First Choice,” has been replaced with a new brand message: “Trusted for Your Success.”

Addis Bank also highlighted that it was the first bank in the country to allow account opening using just a fingerprint—without the need for formal identification. This innovation has helped the bank expand its customer base and improve accessibility.

@PatternFin

𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮’𝘀 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗕𝗮𝗻𝗸 𝗛𝗼𝗹𝗱𝘀 𝟳𝘁𝗵 𝗕𝗶-𝗪𝗲𝗲𝗸𝗹𝘆 𝗨𝗦𝗗𝟱𝟬𝗠 𝗙𝗫 𝗔𝘂𝗰𝘁𝗶𝗼𝗻

The NBE has announced its seventh consecutive bi-weekly foreign exchange (FX) auction, reaffirming its commitment to a market-led approach aimed at enhancing price discovery and external stability. The next auction will be held tomorrow, Thursday, June 5, 2025, with an offer of USD50 million.

This latest auction forms part of NBE’s sustained bi-weekly schedule initiated earlier this year as part of ongoing economic reform efforts.

The continuation of these regular auctions signals the central bank’s resolve to improve FX liquidity, strengthen the official market, and reduce parallel market distortions.

The auction system is designed to allow transparent price setting through competitive bidding among commercial banks, while helping to meet genuine demand for hard currency.

Settlement for the June 5 auction will be completed by end of day.

The next auction date and outcomes will be announced in line with NBE’s bi-weekly schedule.

Internship Opportunities at CBE Capital! Are you a senior university student in a business-related field looking to gain real-world experience? We're looking for enthusiastic and driven interns to join our team!

We're offering exciting internship opportunities across various departments, including: Brokerage Services & Investment Banking, IT, Human Resources, Graphic Design & Video Editing.

At CBE Capital, we're committed to helping you learn and grow. If you're passionate, eager to contribute, and see yourself thriving in a fast-paced environment, we want to hear from you!

Send your CV to HR@CBECAPITALSC.COM with the subject "Internship" before June 9, 2025.

@PatternFin

#በጀት
#2018_ዓ/ም

FOREIGN EXCHANGE AUCTION NUMBER 7 ANNOUNCEMENT OF RESULTS

#NBE #FXAuction #ForeignExchange

@PatternFin

ለመላው የእስልምና እምነት ተከታዮች እንኳን ለ1446ኛው የዒድ አል አድሃ አረፋ በዓል አደረሳችሁ!

ኢድ ሙባረክ

Franco Valuta

@PatternFin

#Advertisement
How Can Ethiopian Banks Increase The
Use of Digital Financial Services?

Commercial banks in Ethiopia are sitting on numerous opportunities to increase digital financial service adoption, from quick wins to long-term strategies. Success hinges on tackling critical internal challenges like outdated regulations, inefficient bureaucracy, and exclusionary practices.

This article, from Shega’s AKOFADA initiative (Advancing Knowledge on Financial Accessibility and DFS Adoption), details actionable steps financial institutions can take to foster greater digital finance inclusion.

Read the full article- https://nuel.ink/tsIOOK

@PatternFin

Purpose Black S.C., an embattled company, now faces a tax showdown. The Ministry of Revenues has hit the company with a demand for over half a billion Birr in back taxes, penalties, and interest. Tax authorities claim unpaid withholding and value-added taxes (VAT) that date back to the 2023 and 2024 fiscal years. The financial entanglement has further muddied the waters for the company, whose unorthodoxy in equity mobilisation and real estate promises initially captured the public imagination.
#Fortune

@PatternFin

በግብይት ወቅት ከ 10,000 ብር በላይ ጥሬ ገንዘብን መጠቀም፤ ለከፋዩ በወጪነት፣ ለተቀባዩ ደግሞ አስተዳደራዊ ቅጣት እንዲጣልበት ያደርጋል ተባለ።

አዲሱ የገቢ ግብር አዋጅ ሲጸድቅ ከ10,000 ብር በላይ ግብይትን በጥሬ ገንዘብ መፈጸም የሚያስቀጣ ይሆናል ተብሏል።

ረቂቅ አዋጁ ላይ ሃሳብ ለማዋጣት ከተሳተፉ ባለሙያዎች የተወሰኑት ተግባራዊ ይደረጋል በተባለው አሰራር ላይ ጥያቄ አንስተዋል።

የገንዘብ ሚኒስቴር የህግ ጉዳዮች መምሪያ ኃላፊው አቶ ተወዳጅ መሐመድ እንዳሉት አዋጁ ተግባራዊ የሚደረገው በጥሬ ገንዘብ የሚፈፀም ግብይትን መገደብን ታሳቢ አድርጎ ነው።

በአንድ ግብይት የሚፈፀም የጥሬ ገንዘብ ክፍያ ከ10ሺህ ብር ከበለጠ፣ ትርፉ ብር ለከፋዩ በወጪነት አይያዝም።

ገንዘቡን የተቀበለውም የትርፉን ገንዘብ እጥፍ አስተዳደራዊ ቅጣት እንደሚጣልበት ተቀምጧል።

ለምሳሌ ፦ የ20ሺህ ብር ግብይት በጥሬ ገንዘብ ቢፈፀም ለነጋዴው፣ ከ10 ሺህ ብር በላይ ያለው በወጪነት አይያዝም፣ ለተቀባዩ ደግሞ ከ10ሺህ በላይ ያለው ቀሪ 10ሺህ ብር እጥፍ ማለትም 20ሺህ ብር ይቀጣል እንደማለት ነው።

በረቂቅ አዋጁ ላይ የተሳተፉ፣ በጥሬ ገንዘብ ግብይት እንዲፈፀም ምክንያት የሚሆነውን በንግድ ስርዓቱ ውስጥ ያለውን ችግር መፍታት የተሻለ አማራጭ ሊሆን እንደሚችልና፣በሌሎች መመሪያዎች የጥሬ ገንዘብ ግብይት ስለሚፈቀድ አዋጁ የተናበበ እንዲሆን ጠይቀዋል።

በረቂቅ አዋጅ መሰረት ከ10,000 ብር በላይ በጥሬ ገንዘብ ግብይት እንዳይፈፀም የሚጣለው ግዴታ፣ በመንግስት መስሪያ ቤቶች፣ በመንግስት የልማት ድርጅቶች፣ በባንኮችና በማይክሮ ፋይናንስ ድርጅቶች ላይ ተፈጻሚ አይሆንም ይላል።

ሌሎች አዋጁ ተፈፃሚ የማይሆንባቸው ግለሰቦችና ድርጅቶች የገንዘብ ሚኒስቴር በሚያወጣው መመሪያ ዝርዝራቸው ይፋ ይሆናል ይላል ረቂቁ።
#Tikvah

የ2018 በጀት ዝርዝር ማብራሪያ ሰነዱን ማንበብ ለምትፈልጉ!

በ 2018 ነዳጅ እና ስኳር የተጨማሪ እሴት ታክስ እንደሚጣልባቸው የበጀት ረቂቁ ያሳያል!

@PatternFin

Kenya’s KCB Group Limited is set to become the first foreign bank to enter Ethiopia’s financial sector following the country’s banking liberalization policy.

The National Bank of Ethiopia (NBE) is currently in discussions with KCB executives regarding entry requirements, and the bank is expected to begin laying the groundwork for its expansion soon.

@PatternFin

ዳሽን ባንክ ለመስመር ተበዳሪዎች የሰጠው ጠቅላላ የብድር መጠን ከ 1 ቢሊዮን ብር በላይ መድረሱ አስታወቀ ፡፡

ባንኩ የመስመር ፕሮግራምን የብድር አገልግሎቱን ለባንኩ ደንበኞች የማቅረብ ተግባሩን  አጠናክሮ እንደሚቀጥል ገልጿል ።

ባንኩ እንዳስታወቀው የብድሩ መጠን መስመርን ብቻ የሚመለከት ሲሆን ባንኩ በሌሎች ተመሳሳይ ዘርፎች ያቀረበውን ብድር አያጠቃልልም። ባንኩ የወጣት ሴቶች ተጠቃሚነትን ቀዳሚ ዓላማ ባደረገው የመስመር ብድር ፕሮግራም የጥቃቅን፣ አነስተኛና መካከለኛ ተበዳሪዎችን በሰፊው ያደረገ ሲሆን  የፋይናንስ ተደራሽነትን በማስፋ ጉልህ ድርሻውን እየተወጣ እንደሚገኝ ገልጿል ።

ዳሽን ባንክ የመስመር ፕሮግራምን በመጠቀም የብድር አገልግሎቱን ለባንኩ ደንበኞች የማቅረብ ተግባሩን  አጠናክሮ እንደሚቀጥል አስታውቋል ።

@PatternFin

ለባንኮች ብስራት

ከህዳር 2015 ዓም አንስቶ የኢትዮጵያ ብሄራዊ ባንክ ባንኮች ከሚለቁት ብድር የ20 በመቶ እኩሌታ የግምጃ ቤት ቦንድ እንዲገዙ በአስገዳጅነት ጥሎት የነበረው አሰራር በዚህ ባለንበት የሰኔ ወር ያበቃል።

የሰሜኑ ግጭት መከሰቱን ተከትሎ መንግስት ከአጋሮቹ ያገኝ የነበረው የበጀት ድጋፍ በመቋረጡ ማእከላዊ ባንኩ የመንግስትን ወጪ በተለያየ መሳሪያ ለመደገፍ ሲሞክር የቆየ መሆኑ ይታወቃል።

ከዚህም መካከል የቀጥታ ብድር እና የ20 በመቶ የግምጃ ቤት/treasury ቦንድ የሚጠቀሱ ናቸው።

ከጦርነቱ ማብቃት በኋላም የቦንድ ግዥው አልተቋረጠም።

ይህም በተለይ መንግስት የዋጋ ግሽበትን ለመቆጣጠር በተጨማሪ መሳሪያነት ሳይጠቀምበት እንዳልቀረ ነው በባለሞያዎች የሚጠቀሰው።

ሆኖም አስገዳጅ የቦንድ ግዥው የባንኮችን የገንዘብ ይዞታ/ liqudity እንዳሳሳባቸው በምሬት ሲገልፁ ቆይተዋል።

ሆኖም መንግስት ከአውጭ አጋሮች ጋር ባደረገው ስምምነት መሰረት የቦንድ ግዥው በዚህ ወር የሚያበቃ ነው የሚሆነው።

ባንኮች ላይ ተጥሎ የቆየው የብድር አቅርቦት ገደብም በቀጣዩ መስከረም እንደሚነሳ ከሁለት ወራት በፊት መገለፁ ይታወሳል።
Via #ETSecurities

@PatternFin

A Must-Read Guide Packed with Ready-to-Execute Deals and Partnership #Opportunities

EIC & Ministry of Finance presented the Invest in Ethiopia Deal Book, a trusted and powerful investment #promotion resource crafted through a structured, data-driven, and sector-specific #methodology.

This comprehensive #guide was developed in close collaboration with the Ministry of Finance and various sectoral ministries.

Dive in to explore the abundant investment opportunities currently available in Ethiopia. Enjoy your reading!
#EIC #MoF

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በስምንተኛው ዙር የዉጪ ምንዛሪ ጨረታ አንድ የአሜሪካ ዶላር አማካይ ዋጋ 136 ብር ደረሰ

የኢትዮጵያ ብሔራዊ ባንክ ባካሄደው 8ኛው ዙር የውጭ ምንዛሪ ጨረታ ውጤት መሰረት፣ የአንድ የአሜሪካ ዶላር የምንዛሪ ዋጋ 136.6286 ብር መሆኑን አስታወቀ።

50 ሚሊዮን ዶላር በቀረበበበት ጨረታ ላይ 11 ባንኮች የውጭ ምንዛሪ ድልድል አግኝተዋል።

ይህ አሁን ይፋ የተደረገው የምንዛሪ ተመን፣ ከሁለት ሳምንት በፊት በተካሄደው 7ኛው ዙር የውጭ ምንዛሪ ጨረታ ከተመዘገበው 134.95 ብር የአሜሪካ ዶላር አማካይ ዋጋ ጋር ሲነፃፀር፣ የብር የመግዛት አቅም በ1.6786 ብር መቀነሱን ያሳያል።

የኢትዮጵያ ብሔራዊ ባንክ የውጭ ምንዛሪ ጨረታዎችን የሚያካሂደው በሀገሪቱ ያለውን የውጭ ምንዛሪ እጥረት ለማቃለል እና የባንኮችን የውጭ ምንዛሪ ፍላጎት ለማሟላት መሆኑ መግለፁ ይታወቃል። #Capital

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