3 stories
Federal prosecutors say five Amhara Bank executives waved through loans to a single company with no credit analysis, no collateral, and no committee sign-off — while that company owed banks across the country over 2 billion birr combined.
Fact.et Staff · Aug 20, 2026
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The National Bank of Ethiopia quadrupled the size of its foreign-exchange auction and still fell short of demand — but the gap between what banks want and what they get just closed dramatically.
Fact.et Staff · Aug 20, 2026
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A year of exchange-rate data shows the US dollar isn't even close to the currency the Birr has weakened against the most — and the real story is what's happening to the Chinese yuan.
Fact.et Staff · Aug 20, 2026
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