Ethiopia Financial sector performance review

Course ID
Ethiopian Economics Association (EEA)
Syed Ibrahi

Financial institutions are the intermediary that channels the savings of individuals, businesses, and governments into loans or savings. As far as the financial sector is concerned, Ethiopia’s financial sector is fairly underdeveloped. Since then several banks and financial institutions have been established with different proclamations and regulations. The three state owned enterprises, namely the Commercial Bank of Ethiopia (CBE), the Development Bank of Ethiopia (DBE), and the Construction and Business Bank (CBB) dominate the financial sector. With the liberalization of the banking sector in1994, six private banks have been established. In addition, there are several insurance companies and contractual savings funds. DBE is a specialized financial institution, which provides finance for agricultural and industrial development projects. This paper analysis the performance of Ethiopian Financial Sector with the following objectives:
1) To study the growth and working of banking sector;
2) To study how well the Ethiopian Insurance Corporation (EIC) functioning for the economic development of the country;
3) To analyses the role played by the micro financing institutions for the poor.
The evaluation findings suggest several implications for future practice and research on financial sector in Ethiopia

Corporate Author: Getnet Alemu & []. & Ethiopian Economic Association/Ethiopian Economic Policy Research Institute
Publisher: Ethiopian Economic Association (EEA)
Primary Descriptors: Financial institutions; Ethiopian insurance cooperation (EIC)

Secondary Descriptor: Microfinance instituting

Geographic Descriptors: Ethiopia
Cataloge Date: 02/27/2013
Broad Subject heading: Financial sector
Call Number: 330.963 PRO 2006
Serial Key Title: Proceedings of the Third International Conference on the Ethiopian Economy
Publication catagory: International Conference
Content type: EEA Publication
Volume: I
Publication date: 2013-05-27 23:06:00
Forum or Discussion date: 2013-02-27 15:02:02
Place of publication: Addis Ababa, Ethiopia
Type of material: Book
Current frequency: Annualy
Author: Syed Ibrahi