SME

21 Feb

Ethiopian Development Bank total capital grows to 36 billion birr

ethionegari@gmail.com1 CommentBusiness, NewsAddisAbaba, Developmentbank, Developmentbankofethiopia, EthioNegari, Ethiopia, SME, WorldBank

Ethiopian Development Bank total capital reachs to 36 billion birr. The bank has come out of the pressures of the last three years and is moving to do a better job and announced that the total capital of the bank has reached 36 billion birr. The bank announced this in its statement regarding the fourth round of training for operators of small and medium enterprises. According to the President of the Bank, Yohannes Ayalew, the bank, which has been in a steep decline in the past three years, is now moving in the right direction. The president said that three…

11 Nov

Hibren Bank & Master Card Partner to Give Payment Solution for SME’s.

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, EthioNegari, Ethiopia, Hibrenbank, Mastercard, SME, Unitedbank

Hibret Bank pioneered in launching Hibir e-commerce, a digital payments platform that allows Ethiopian businesses and retailers to accept international card payments for online purchases. Hibir e-commerce is first-of- its kind in the Ethiopian banking industry. This move is expected to help local businesses reach new markets and increase revenue while expanding Ethiopia’s access to the digital economy. Powered by the Mastercard Payment Gateway Services, Hibir e-commerce safely enables businesses and merchants to accept Mastercard and other branded payment cards from customers based outside of the country. The gateway also provides a convenient, secure, and seamless way for shoppers to…