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Op-Ed: The World Bank backed law of security rights in movable assets in Ethiopia has flaws that need to be addressed urgently

Op-Ed: The World Bank backed law of security rights in movable assets in Ethiopia has flaws that need to be addressed urgently
addisstandard 2021-06-09
A picture from a recent signing of an agreement between the Ministry of Finance and the World Bank, a main
development partner of Ethiopia. Picture: Ministry of Finance.
By Asress Adimi Gikay
Addis Abeba, June 9, 2021 – The Ethiopian Parliament enacted a modern law governing security rights in movable assets in 2019. The Movable Property Security Rights Proclamation was drafted with the assistance of the International Finance Corporation (IFC). Enacted in response to the dire need of the Ethiopian financial sector as well as small and medium-sized enterprise for a comprehensive law governing collateralization of movable assets that is pivotal to enhancing access to credit, the law permits borrowers to use many types of assets including vehicles, agricultural goods such as crops, equipment, and incorporeal a ....

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The double-edge sword of scouting top notch bankers

The double-edge sword of scouting top notch bankers
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

Addis Ababa , Adis Abeba , Gemechu Waktoal , Frezer Ayalew , National Bank , Ethiopian Bankers Association , Capital Africa Institute , Professor At Addis Ababa University , Addis Ababa University , Banking Supervision Directorate Director , தேசிய வங்கி , எத்தியோப்பியன் வங்கியாளர்கள் சங்கம் , ப்ரொஃபெஸர் இல் அபாபா பல்கலைக்கழகம் ,

EBA pleas government for intervention on bank guarantee suspension

EBA pleas government for intervention on bank guarantee suspension
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

Yusuf Mohammed , Girma Habtemariam , National Bank , Addis International , Ethiopian Bankers Association , Construction Contractors Association Of Ethiopia , Construction Contractors Association , யூசுப் முகமது , தேசிய வங்கி , எத்தியோப்பியன் வங்கியாளர்கள் சங்கம் , கட்டுமானம் ஒப்பந்தக்காரர்கள் சங்கம் ஆஃப் எத்தியோப்பியா , கட்டுமானம் ஒப்பந்தக்காரர்கள் சங்கம் ,

Banking for space in the Central Business District -

capital Newspaper
Financial institutions via their association, Ethiopian Bankers Association (EBA), have been persisting the Addis Ababa City Administration to access plots at the heart of the city for their huge skyrocket buildings.
Under Takele Uma’s administration about couple of years ago, the banks had reached an agreement with the city administration to access plots of land at the so called financial district area of Addis Ababa at the surrounding of the National Bank of Ethiopia (NBE) to construct huge buildings.
The city administration and Ethiopian Bankers Association (EBA) agreed to be provided with plots for the financial institutions under the aim for the later to construct high rise buildings. ....

Addis Ababa , Asfaw Alemu , Adanech Abiebie , Takele Uma , National Bank , Dashen Bank , Health Bureau , Ethiopian Bankers Association , City Administration , Enat Bank , City Health Bureau , Addis Ababa City Administration , Yobek Building , City Health , Deputy Mayor Adanech Abiebie , Deputy Mayor , தேசிய வங்கி , டாசின் வங்கி , ஆரோக்கியம் பணியகம் , எத்தியோப்பியன் வங்கியாளர்கள் சங்கம் , நகரம் ஆரோக்கியம் பணியகம் , நகரம் ஆரோக்கியம் , துணை மேயர் ,

Ethiopia: Committee Arises to Assess Damaged Investments

Ethiopia: Committee Arises to Assess Damaged Investments
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

Dire Dawa , Oromia Regional State , Ermias Andarge , National Bank , Bankers Association , Haile Hotels , Ethiopian Insurance Corporation , Tana Beles Sugar Development , Development Bank , National Mining Corporation Daleti Quarry Site , Ethiopian Bankers Association , Enat Bank , Association Of Ethiopian Insurers , Office Of The , Investment Commission , Ethiopian Investment Commission , Prime Minister , Commercial Bank , Ethiopian Insurers , Castel Winery , National Mining Corporation , Daleti Quarry Site , Melgie Wendo Food Processing Factory , Tana Beles Sugar Development Project , Horizon Plantation Limu Coffee Farm , Prime Minister Abiy Ahmed ,