Zemen Bank organized a panel discussion to foster dialogue on Ethiopia’s evolving economic landscape, exploring the opportunities, challenges, and policy implications of liberalizing the banking sector in a rapidly transforming economy.
Wro Eneye Bimer, the Chairperson of the Board of Directors of Zemen Bank emphasized that for the future of banking in Ethiopia to be successful, it is essential to establish a sustainable and inclusive model of economic growth, supported by a financial system that effectively serves all segments of society.
In her closing remarks at the panel discussion organized by Zemen Bank on the theme “Economic Liberalization and the Future of the Ethiopian Banking Sector,” the Chairperson affirmed that the Bank’s, leadership, and staff are fully prepared to take on a strong and proactive leadership role in shaping the sector’s future.
Opening the event with a welcoming message, Ato Dereje Zebene, CEO of Zemen Bank, stated that the discussion was organized with the intention of identifying common directions regarding the opportunities and threats that may arise—while considering the current state of the country’s economy and policy changes—and outlining the necessary tasks ahead.
On the topic, Tewodros Makonnen (PhD), a senior economist, presented an overview of the current financial sector liberalization in Ethiopia and outlined the opportunities and challenges facing banks in light of recent economic trends and policy reforms. He also referenced international experiences, highlighting valuable lessons that Ethiopia’s banking sector can adapt and apply.
The meeting was moderated by Ato Million Kibret, Managing Director of BDO Ethiopia, and was held on June 12, 2025. The discussion was attended by representatives of the National Bank of Ethiopia, shareholders and members of the Bank’s Board of Directors, corporate clients, senior management members, representatives from higher education institutions, and professionals in the financial sector.
