Banks Hike Lending Rates as Liquidity Tightens, Leaving Borrowers in the Lurch
[Addis Fortune - Ethiopia] - 2/02/2025
A notable wave of lending rate increases is reshaping the financial sector, following major banks adjusting their rates upward, with some reaching as high as 22pc. Several banks, including Oromia, Cooperative Bank of Oromia (Coop Bank), Wegagen, Dashen, Awash, and Sidama Bank, as well as the (…)
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