(Photo: AFP) Addis Abeba – The World Bank has approved a $700 million loan to strengthen the stability of Ethiopia’s financial sector, with a particular focus on supporting balance sheet restructuring and the recapitalization of the state-owned Commercial Bank of Ethiopia (CBE). The credit provided under the Financial Sector Strengthening Project (FSSP) is also earmarked to …
(Photo: AFP) Addis Abeba – The World Bank has approved a $700 million loan to strengthen the stability of Ethiopia’s financial sector, with a particular focus on supporting balance sheet restructuring and the recapitalization of the state-owned Commercial Bank of Ethiopia (CBE). The credit provided under the Financial Sector Strengthening Project (FSSP) is also earmarked to …
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