Banking

2 stories

Ethiopia Is Building a 100 Billion Birr Mortgage Refinance Company. The IFC Is Putting In at Least $200 Million.

The National Bank of Ethiopia and the IFC signed a cooperation framework for the country's first dedicated mortgage refinance company — a wholesale lender that lends to the banks, not to homebuyers.

Fact.et Staff · Sep 3, 2026

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Dot chart: 20 of Ethiopia's 28 banks exceeded their private-credit growth caps by March 2026, with industry NPLs at 3.6% and average capital adequacy at 17.7%.

Banking

Ethiopia's Biggest Bank Finished Auditing Its Own Loan Book in June. Nobody Outside Has Seen the Result.

The Commercial Bank of Ethiopia completed an Asset Quality Review in June 2026. The findings are unpublished, the action plan is due in December — and by March, 20 of the country's 28 banks had already blown through their credit-growth caps.

Fact.et Staff · Sep 2, 2026

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