Downloads: 89
Research Paper | Business Management | Ethiopia | Volume 9 Issue 9, September 2020
Prospects and Challenges of Foreign Banking Entry to Ethiopian Financial Market
Matiwos Ensermu
Abstract: Based on Ethiopia Government’s major policy shift in 2018 to partly privatize major state-owned enterprises like ethiotelecom, Ethiopian Airlines, , the preparation to introduce the stock market in Ethiopia by 2020, is an indication to help expect the possibility of allowing foreign banks to operate in Ethiopia in the future. Allowing foreign banks to operate in Ethiopia will bring both prospects and challenges to the incumbent state-owned commercial and private banks in particular and the financial sector in general. As evidenced from literature, foreign bank entry to the domestic market will bring immense opportunity to the Ethiopian banking market, and create strong competition challenge between foreign and domestic banks and within the domestic banking institutions. Accordingly, four strategies are recommended to be adopted by local banks in Ethiopia to follow either: merger and acquisition, niche, do nothing, and joint venture, with merger and acquisition as an optimal strategy.
Keywords: Foreign banking, entry, merger, acquisitions, Ethiopia
Edition: Volume 9 Issue 9, September 2020,
Pages: 1006 - 1009
How to Cite this Article?
Matiwos Ensermu, "Prospects and Challenges of Foreign Banking Entry to Ethiopian Financial Market", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=ART20198790, Volume 9 Issue 9, September 2020, 1006 - 1009
How to Share this Article?
Similar Articles with Keyword 'entry'
Downloads: 148
Research Paper, Business Management , India, Volume 2 Issue 11, November 2013
Pages: 137 - 140A Study on Training Importance for Employees of their Successful Performance in the Organization
Uma S. N
Downloads: 168
Case Studies, Business Management, India, Volume 6 Issue 10, October 2017
Pages: 365 - 368Path to Internationalization: Dr. Reddy's Laboratories
Amisha Gupta
Similar Articles with Keyword 'Ethiopia'
Downloads: 117 | Monthly Hits: ⮙1
Research Paper, Business Management, India, Volume 6 Issue 3, March 2017
Pages: 1619 - 1629The Impact of Environmental Factors on the Performance of Micro & Small-Scale Enterprises in East Gojjam Zone, Ethiopia
Mulugeta Kebede, Getaendale Simesh
Downloads: 119
Research Paper, Business Management, Ethiopia, Volume 8 Issue 1, January 2019
Pages: 1884 - 1898Corruption in Public Procurement: In the Case of Borana and Guji Zones of Oromia Regional State, Ethiopia
Kumala Tolessa, Eliyas Wako
Similar Articles with Keyword 'Foreign'
Downloads: 1 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Business Management, Kenya, Volume 10 Issue 11, November 2021
Pages: 514 - 522Customs Incentives Strategy and Growth of Tanneries within the Leather industry in Kenya
Karugo Joseph Kamau, Dr Frankline Kinoti
Downloads: 98
Review Papers, Business Management, Vietnam, Volume 8 Issue 5, May 2019
Pages: 1534 - 1539Chinas Outward Foreign Invest to Cambodia from 1993 to 2017
Ha Nguyen Ngoc, Trung Tran Nam
Similar Articles with Keyword 'banking'
Downloads: 33
Research Proposals or Synopsis, Business Management, Macedonia, Volume 10 Issue 3, March 2021
Pages: 1627 - 1630Balanced Scorecard Model in the Banking Sector
Viktorija Stojkovski, Blagoj Nenovski
Downloads: 96
Research Paper, Business Management, Kenya, Volume 6 Issue 10, October 2017
Pages: 1256 - 1262Factors Affecting the Adoption of Mobile Banking by Deposit Taking Saccos in Kenya
Munyambu Veronica Gathoni, Dr. Joseph Obwogi