KCB Group Plc has expressed interest in exploring a new investment opportunity in Ethiopia’s financial sector.

The expression of interest comes after a delegation of senior executives from KCB Bank, including the bank’s CEO, finance officer, and secretary, visited the Ethiopian Investment Commission (EIC) in Addis Ababa, where they held talks with Ethiopian finance officials.

Temesgen Tilahun, Deputy Commissioner of the Ethiopian Investment Commission, explained the investment policy, recent economic reforms, and the objectives of opening the financial sector to foreign investors.

In September, Ethiopia’s Council of Ministers passed a landmark decision to open the banking sector to foreign investors.

KCB Group Plc has a presence in Uganda, Tanzania, South Sudan, Burundi, and Rwanda and a representative office in Ethiopia.

KCB Shareholders Approve Purchase of Trust Merchant Bank SA


 

Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.

Leave A Reply Cancel Reply
Exit mobile version