Business
September 03, 2022
Council of Ministers approved the opening up of the banking sector to foreign investors
By
Addis Insight
Council of Ministers approved the opening up of the banking sector to foreign investors
The draft policy that was proposed to councils of ministers lifts the restriction of the opening up of the banking sector to foreign investors. Which is aimed at supporting the services of the sector with knowledge and technology, moving the country’s economy to a higher level, to increase the competitiveness, effectiveness, and efficiency of the financial sector.
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