While the investment bank study is fresh, the agricultural development bank study is a revisit of earlier studies undertaken by the institution. “Right now, we have two working groups examining the investment bank and the agricultural development bank,” Sewagegn Chane, the department’s director, told The Reporter. “It is critical for our country that agricultural development banks and investment banks exist. The investment banks will thoroughly evaluate the banks, as well as other IPOs, to determine the actual value of their shares and securities. The updated report in 2018 emphasized the importance of the Agricultural Development Bank and mortgage bank (construction bank).

Source: Ethiopian News September 03, 2022 09:08 UTC