Ethiopian banking and fintech, 9-Oct-26

• NBE's Movable Collateral Registry holds over 312,000 assets, Governor Eyob Tekalign said, up from about 285,000 in February 2026.
• Awash Bank's deposits passed half a trillion birr, up from 467.8 billion birr at end-June 2026.
• The National Bank of Ethiopia will offer $840 million in six bi-weekly FX auctions from October 13 to December 22, 2026.
• Enat Bank is in the final stage of bringing Ethiopia's first gender bond to market.
• Two foreign banks have formally applied to enter Ethiopia through greenfield investments.

ETHIOPIAN BUSINESS REVIEW (TELEGRAM)

* Ethiopia's Movable Collateral Registry Passes 312,000 Assets
  At the Ethiopia Finance Forum 2026 in Addis Ababa, National Bank of Ethiopia Governor Eyob Tekalign said the Movable Collateral Registry holds over 312,000 assets, up from about 285,000 in February 2026; motor vehicles are roughly 61%.
  Release · Ethiopian Business Review (Telegram) · not yet available
  https://t.me/ebr_news/4828

* Awash Bank Deposits Top Half a Trillion Birr
  Awash Bank said total deposits passed half a trillion birr, from 467.8 billion birr at end-June 2026. Board Chairman Gure Kumsa and CEO Tsehay Shiferaw credited customers at a headquarters event.
  Fact · Ethiopian Business Review (Telegram) · Awash Bank's own announcement, announced not measured
  https://t.me/ebr_news/4820

* Ethiopia's central bank raises Q2 FX auction allocation to $840 million
  The National Bank of Ethiopia will offer $840 million across six bi-weekly FX auctions from October 13 to December 22, 2026, up 68% from $500 million in the first quarter; each auction offers $140 million.
  Fact · Ethiopian Business Review (Telegram) · announced, not measured
  https://t.me/ebr_news/4842

* Ethiopian regulator registers shares of four more companies
  Ethiopia's Capital Market Authority registered securities of Oromia Insurance, Oromia Bank, Goh Betoch Bank and Yetebaberut Beherawi Petroleum on 30 September 2026 under the Capital Market Proclamation and the Public Offer Directive.
  Fact · Ethiopian Business Review (Telegram) · official figure: Ethiopian Capital Market Authority
  https://t.me/ebr_news/4814

* Abay Bank Posts Birr 6.22 Billion Pre-Tax Profit
  Abay Bank reported profit before tax of Birr 6.22 billion for the year ended 30 June 2026, up from Birr 4.22 billion, and after-tax profit of Birr 4.55 billion after a Birr 1.68 billion tax charge.
  Fact · Ethiopian Business Review (Telegram) · reported by EBR; not on Abay Bank's own channels
  https://t.me/ebr_news/4878

* NCBA Seeks Ethiopian Entry via Acquisition After Nedbank Takeover
  NCBA Group Managing Director John Gachora said at the Bullish Africa Summit in New York that it seeks entry to Ethiopia and the DRC by acquiring existing lenders, after Nedbank's roughly $850 million takeover of about 66% of NCBA.
  Fact · Ethiopian Business Review (Telegram) · announced, not measured
  https://t.me/ebr_news/4818

* Viamericas adds Ethiopia and Morocco payout channels
  US-based remittance company Viamericas expanded its network to Ethiopia and Morocco, it said; Ethiopian recipients can use bank deposits and cash pickup, while Morocco offers cash pickup and mobile wallets.
  Fact · Ethiopian Business Review (Telegram) · Viamericas's own announcement
  https://t.me/ebr_news/4844

ETHIOPIAN BUSINESS DAILY (TELEGRAM)

* Enat Bank nears launch of Ethiopia's first gender bond
  Enat Bank board chairwoman Aster Solomon told Tikvah Ethiopia the bank is in the final stage of launching Ethiopia's first gender bond and will soon announce its public sale to finance women-owned enterprises.
  Plan · Ethiopian Business Daily (Telegram) · announced, not shipped; reported by Tikvah Magazine; not on Enat Bank's own channels
  https://t.me/Ethiopianbusinessdaily/16452

* Two foreign banks apply to enter Ethiopia
  The National Bank of Ethiopia said two foreign banking institutions have formally applied to enter the domestic market through greenfield investments; Supervision Director Frezer Ayalew said the applications are being processed.
  Fact · Ethiopian Business Daily (Telegram) · reported by Capital Ethiopia; not on National Bank of Ethiopia's own channels
  https://t.me/Ethiopianbusinessdaily/16445

* Visa and Etha Solutions sign merchant payment partnership
  Visa and Etha Solutions signed a partnership to provide card payment services to 148,000 businesses and small institutions, making available 148,000 acceptance points and thousands of POS devices in Addis Ababa and major regional cities.
  Release · Ethiopian Business Daily (Telegram) · reported by Ethio FM 107.8; not on Visa's or Etha Solutions' own channels
  https://t.me/Ethiopianbusinessdaily/16465

* ZamZam Bank launches digital remittance platform
  ZamZam Bank launched ZamZam Remit, a digital payment platform to channel money sent by Ethiopians abroad into the formal financial system, at its fifth-anniversary forum in Addis Ababa with FSD Ethiopia.
  Release · Ethiopian Business Daily (Telegram) · reported by Ethiopian Business Review; not on ZamZam Bank's own channels
  https://t.me/Ethiopianbusinessdaily/16458

* Ethiopian mobile money wallets to link with PAPSS
  Ethiopia's non-bank mobile-money operators and payment-service providers are preparing to integrate with the Pan-African Payment and Settlement System, linking domestic digital wallets to a continent-wide cross-border payments network, according to Capital Ethiopia.
  Plan · Ethiopian Business Daily (Telegram) · announced, not shipped; reported by Capital Ethiopia; not on operators'/PAPSS's own channels
  https://t.me/Ethiopianbusinessdaily/16444

* Visa and ETTA Solutions launch merchant financing initiative in Ethiopia
  Visa and ETTA Solutions announced a payment and financing initiative enabling Ethiopian merchants to obtain working capital loans from their digital transaction history, alongside a new acceptance device for about 148,000 merchants.
  Release · Ethiopian Business Daily (Telegram) · reported by 2Merkato Business News; not on Visa's or ETTA Solutions' own channels
  https://t.me/Ethiopianbusinessdaily/16468

ADDIS FORTUNE

* Ethiopia's Foreign Ministry seeks bank funding to renovate headquarters
  Ethiopia's Ministry of Foreign Affairs is renovating its over half-century-old building on Menelik II Avenue; Minister Gedion Thimoteos asked commercial banks to contribute half a billion Birr, and they agreed.
  Fact · Addis Fortune · reported by Fortune; not on the Ministry of Foreign Affairs' own channels
  https://addisfortune.news/foreign-ministry-turns-to-banks-to-restore-a-landmark-hq

* IMF tells Ethiopia capital account opening should wait
  The IMF said Ethiopia's foreign exchange reforms do not amount to opening the capital account, and wider liberalisation should wait until the country can manage risks of freer cross-border capital movement.
  Opinion · Addis Fortune · paraphrased from a longer argument
  https://addisfortune.news/imf-to-ethiopia-on-opening-the-capital-account-not-yet

CAPITAL ETHIOPIA

* NBE raises second-quarter forex auctions to $840M
  The National Bank of Ethiopia allocated $840 million for six bi-weekly foreign exchange auctions in the second quarter of 2026/27 starting October 13, 2026, 68% more than $500 million in the first quarter, with each auction offering $140 million.
  Fact · Capital Ethiopia · announced, not measured; reported by Capital Newspaper, not on NBE's own channels
  https://capitalethiopia.com/2026/10/06/nbe-pumps-extra-340m-into-banking-system-lifting-q2-fx-auctions-by-68/

* Visa and ETTA to roll out 148,000 contactless payment devices in Ethiopia
  ETTA Solutions PLC and Visa signed a framework agreement to deploy 148,000 contactless acceptance devices across Ethiopia, targeting small and micro-enterprises beyond Addis Ababa; devices connect to ZooryaPay and are certified as cash register machines.
  Fact · Capital Ethiopia · ETTA and Visa's own announcement; announced, not measured
  https://capitalethiopia.com/2026/10/07/ethiopias-commerce-goes-contactless-with-new-visa-and-etta-infrastructure-agreement/

ADDIS FORTUNE (@ADDIS_FORTUNE)

* Ethiopia's central bank defends July 2024 monetary reform
  Central Bank officials present the July 2024 monetary policy reform as a decisive break from a managed exchange rate, chronic shortages and a parallel-market premium above 100pc, according to Addis Fortune.
  Fact · Addis Fortune (@addis_fortune)
  https://x.com/addis_fortune/status/2107833732782543183

* Gadaa Bank launches remote account opening
  Gadaa Bank introduced Gadaa Digital Onboarding, letting prospective customers in Ethiopia and abroad open accounts remotely without visiting a branch, the bank announced on its digital platform, according to Addis Fortune.
  Release · Addis Fortune (@addis_fortune) · Gadaa Bank's own announcement
  https://x.com/addis_fortune/status/2107471231716860230

SHEGER FM

* No foreign bank has entered Ethiopia a year after the sector opened
  Sheger FM reported that no foreign bank has yet entered Ethiopia more than a year after the sector opened, whether by branch, share purchase or other options; finance expert Tilahun Girma responded to the question.
  Analysis · Sheger FM · author has a stake: expert commentator quoted, no independent verification
  https://www.shegerfm.com/post/%E1%8A%A2%E1%89%B5%E1%8B%AE%E1%8C%B5%E1%8B%AB-%E1%8B%A8%E1%89%A3%E1%8A%95%E1%8A%AD-%E1%8B%98%E1%88%AD%E1%8D%89%E1%8A%95-%E1%88%88%E1%8B%8D%E1%8C%AD-%E1%88%80%E1%8C%88%E1%88%AD-%E1%89%A3%E1%8A%95%E1%8A%AE%E1%89%BD-%E1%8A%AD%E1%8D%8D%E1%89%B5-%E1%8A%AB%E1%8B%B0%E1%88%A8%E1%8C%88%E1%89%BD-%E1%8A%A8%E1%8A%A0%E1%88%98%E1%89%B5-%E1%89%A0%E1%88%8B%E1%8B%AD-%E1%88%86%E1%8A%97%E1%89%B3%E1%88%8D

* Visa and Etha Solutions Launch Zuriya Payment Device and Merchant Lending Platform
  On Meskerem 27, 2019, Visa and Etha Solutions launched a platform allowing merchants to obtain loans based on transaction history, plus a digital payment acceptance device called Zuriya, aiming to reach 148,000 merchants nationwide.
  Fact · Sheger FM · announced, not measured
  https://www.shegerfm.com/post/%E1%89%A0%E1%8A%90%E1%8C%8B%E1%8B%B4%E1%8B%8E%E1%89%BD-%E1%8B%A8%E1%8C%8D%E1%89%A5%E1%8B%AD%E1%89%B5-%E1%89%B3%E1%88%AA%E1%8A%AD-%E1%88%8B%E1%8B%AD-%E1%89%A0%E1%88%98%E1%88%98%E1%88%B5%E1%88%A8%E1%89%B5-%E1%89%A5%E1%8B%B5%E1%88%AD-%E1%8B%A8%E1%88%9A%E1%8B%AB%E1%8C%88%E1%8A%99%E1%89%A0%E1%89%B5-%E1%88%98%E1%88%8B-%E1%88%98%E1%88%B0%E1%8A%93%E1%8B%B3%E1%89%B1-%E1%89%B0%E1%88%B0%E1%88%9B

STOCKMARKET.ET (TELEGRAM)

* Zemen Bank posts 15% rise in after-tax profit
  Zemen Bank reported a 15% rise in profit after tax to ETB 6.75 billion for 2025/26; profit before tax reached ETB 9.3 billion, up 13%, and earnings per share fell to ETB 539 from ETB 683 a year earlier.
  Fact · stockmarket.et (Telegram) · Zemen Bank's own announcement
  https://t.me/stockmarket_et/2302

ETHIOPIAN REPORTER (@ETHIOREPORTER)

* Ethiopian central bank says auctioned foreign currency will not continue permanently
  The National Bank of Ethiopia announced that foreign currency offered to banks at auction will not continue permanently, according to a post reported by the Ethiopian Reporter, concerning supply to banks through auctions.
  Fact · Ethiopian Reporter (@EthioReporter) · National Bank of Ethiopia's own announcement
  https://x.com/EthioReporter/status/2106784273562808360

THE ETHIOPIAN ECONOMIST VIEW (TELEGRAM)

* Ethiopia's central bank says dollar auctions will not continue permanently
  The National Bank said it will not keep holding dollar auctions permanently, according to The Ethiopian Economist View, leaving open where the birr's price will settle.
  Fact · The Ethiopian Economist View (Telegram) · National Bank's own announcement
  https://t.me/WaseAlpha/3584

ETHIOPIAN SECURITIES EXCHANGE

* Sidama Bank Lists on Ethiopian Securities Exchange Main Market
  Sidama Bank S.C. joined the Ethiopian Securities Exchange Main Market on September 28, 2026, under ticker SIDAX, after a bell-ringing ceremony attended by representatives of the Capital Market Authority, National Bank and other stakeholders.
  Fact · Ethiopian Securities Exchange · announced, not measured
  https://esx.et/sidama-bank-joins-the-ethiopian-securities-exchange-main-market/

AWASH BANK (TELEGRAM)

* Awash Bank and Mastercard launch new card services
  Awash Bank and Mastercard unveiled new card services at a ceremony on Meskerem 28, 2019 E.C. at the Ilili International Hotel; CEO Tsehay Shiferaw said the services follow the government's foreign exchange reform, with four international and one domestic contactless card.
  Release · Awash Bank (Telegram) · Awash Bank's own announcement
  https://t.me/awash_bank_official/7842

ETHIOPIAN BUSINESS REVIEW

* ZamZam Bank launches digital remittance platform at fifth anniversary
  ZamZam Bank launched ZamZam Remit, a digital platform for sending foreign currency from Ethiopians abroad into the formal financial system, at its fifth-anniversary forum in Addis Ababa with FSD Ethiopia; built in-house with Bank of Abyssinia as payment gateway partner.
  Release · Ethiopian Business Review · according to the bank; not on ZamZam Bank's own channels
  https://ethiopianbusinessreview.net/zamzam-bank-launches-digital-remittance-platform-as-it-marks-five-years-of-interest-free-banking/

ADDIS STANDARD (@ADDISSTANDARD)

* Moyale residents lack money transfer services for over three years
  Residents of Moyale, a cross-border trade hub on the Ethiopia-Kenya border, say banking and money transfer services have been suspended for over three years, forcing travel over 200 kilometers to Mega and Yabelo to send or receive money.
  Fact · Addis Standard (@addisstandard) · reported by Addis Standard; not on any official channel
  https://x.com/addisstandard/status/2106326646378660213

COMMERCIAL BANK OF ETHIOPIA (TELEGRAM)

* CBE Birr Plus app sells Ethiopian Premier League stadium tickets
  The Commercial Bank of Ethiopia said fans can buy entrance tickets for the 2019 E.C. Ethiopian Premier League season, officially named "CBE Ethiopian Premier League 2019", through its CBE Birr Plus app; matches are at seven stadiums.
  Release · Commercial Bank of Ethiopia (Telegram) · Commercial Bank of Ethiopia's own announcement
  https://t.me/combankethofficial/14392

TIKVAH ETHIOPIA (TELEGRAM)

* Oromia Bank opens 11-storey building in Shaggar City
  Oromia Bank inaugurated an 11-storey mixed-use building in Galaan Sub-City, Shaggar City, at its Center of Excellence and Convention; CEO Teferi Mekonnen said the bank has completed 17 years and invests in the people's benefit.
  Fact · Tikvah Ethiopia (Telegram) · Oromia Bank's own announcement
  https://t.me/tikvahethiopia/108406

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The Observatory · https://observatory.mgorsky.net/archive/68/
