Africa Links 24 with Addis Standard2
Published on 2024-12-02 11:02:39
Addis Abeba – A striking imbalance persists within Ethiopia’s banking industry, where a mere 0.5% of borrowers hold nearly three-quarters of all loans, while the agricultural sector continues to be marginalized in terms of credit access.
A new report from the National Bank of Ethiopia (NBE) reveals that large borrowers—those with credit exposure exceeding 10 million birr—hold 74.8% of total loans.
The NBE attributes this significant concentration of credit to “the past practice of large-scale lending to major state…
Read the full article on Addis Standard



