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Buildings and Structures in Ethiopia by City: Buildings and Structures in Addis Ababa, National Bank of Ethiopia, Hager Fikir Theatre

Buildings and Structures in Ethiopia by City: Buildings and Structures in Addis Ababa, National Bank of Ethiopia, Hager Fikir Theatre

          
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About the Book

Chapters: Buildings and Structures in Addis Ababa, National Bank of Ethiopia, Hager Fikir Theatre, National Museum of Ethiopia, Alert (Medical Facility, Ethiopia), Addis Ababa Stadium, Zewditu Hospital, National Archives and Library of Ethiopia, Addis Sheraton Shopping Center, Bole Dembel Shopping Center, Getu Commercial Center, Nyala Stadium. Source: Wikipedia. Pages: 32. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: The National Bank of Ethiopia is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. The bank's name is abbreviated to NBE. February 15, 1906 marked the beginning of banking in Ethiopia when the first Bank of Abyssinia was inaugurated by Emperor Menelik II. It was a private bank whose shares were sold in Addis Ababa, New York, Paris, London, and Vienna. One of the first projects financed by the bank was the Franco-Ethiopian Railway which reached Addis Ababa in 1917. In 1931, Emperor Haile Selassie introduced reforms into the banking system and the Bank of Abyssinia became the Bank of Ethiopia, a fully government-owned bank providing central and commercial banking services. The Italian invasion in 1935 brought the demise of one of the earliest initiatives in African banking. During the Italian occupation, Italian banks were active in Ethiopia. On April 15, 1943, the State Bank of Ethiopia became the central bank and was active until 1963. The National Bank of Ethiopia was established in 1963 by Proclamation 206 of 1963 and began operation in January 1964. Prior to this proclamation, the Bank carried out dual activities, i.e. commercial banking and central banking. The proclamation raised the Bank's capital to 10 million Ethiopian dollars and granted broad administrative autonomy and juridical personality. Following the proclamation the National ...http: //booksllc.net/?id=277537


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Product Details
  • ISBN-13: 9781158091546
  • Publisher: Books LLC
  • Publisher Imprint: Books LLC
  • Height: 152 mm
  • No of Pages: 34
  • Series Title: English
  • Weight: 63 gr
  • ISBN-10: 1158091540
  • Publisher Date: 14 Oct 2010
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 229 mm

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