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Zemen Bank Powers Up Against Competition with Over Half a Billion Dollars in FX

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The Bank's financial stability remains solid, with paid-up capital reaching 7.5 billion birr, providing a cushion of 2.5 billion birr above the central bank’s 2026 deadline.

October 19, 2024
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Daniel Metaferiya

Addis Ababa, Ethiopia

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Daniel Metaferiya Avatar

Daniel Metaferiya

Daniel Metaferiya is a writer, journalist and radio host, with a keen interest in technology. He follows developments in Ethiopia's startup ecosystem closely and is passionate about profiling unique MSMEs.

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