Suldaanka Posted November 13, 2019 Quote CBE is planning to open new branches in Somaliland and Saudi Arabia. “We are also planning to open new branches in Somaliland and Saudi Arabia this year. We are also planning to open other overseas branches in the coming two three years,” Bacha said. Hopefully this will facilitate Ethiopia's businesses to easily transact goods and services while in Somaliland. CBE to open branches in Somaliland, Saudi Arabia - WardheerNews WARDHEERNEWS.COM The Commercial Bank of Ethiopia and Ethiopian Airlines are bracing their business partnership by introducing new joint transaction services. In a joint press conference held on Wednesday at Ethiopian Skylight... Quote Share this post Link to post Share on other sites
galbeedi Posted November 14, 2019 When it comes to export and import banks the Ethiopians are ahead of us, Djibouti and even Kenya. Ethiopian exporters send their coffee beans and other products and most of the transactions are guaranteed by government and banks. Traders and exporters get letter of credit from the banks guaranteed by the government.It is one of those things that only a real government could do. Somaliland livestock exporters lose money to unscrupulous SAudi importers everyday year. Anyway, in Addis, you might think that there are more banks than hotels.THere is one in every corner. 1 Quote Share this post Link to post Share on other sites
Suldaanka Posted November 14, 2019 It is good that Ethiopia is openning up its markets, albet slowly. That is the best thing that will happen for Somalis as Somalis are business smart and have access to the seas. Quote Share this post Link to post Share on other sites
Suldaanka Posted November 16, 2019 The UK Gov't will help transform the dry port of Togwachaale into a seamless transshipment point between Somaliand and Somali State of Ethiopia as well as further down Oromia State. Quote Share this post Link to post Share on other sites
