BankingSector

The banking sector has registered better performance on various healthy variables during the concluded Ethiopian fiscal year, National Bank Governor Yinager Dessie said. The Macroeconomic Committee met on Wednesday in the presence of Prime Minister Abiy Ahmed to evaluate the performance for the stated fiscal year and the banking sector was mentioned among the sectors that attained better performance. The banking sector registered better performance in asset, loan repayment, and other healthy parameters. The governor stated that the total assets of banks reached 1.7 trillion. He added that the sector has registered 26.7 percent growth as the capacity of banks…