Modern banking in Eritrea started with the arrival of the Italian colonizers. However, from 1974 on (due to the nationalization decided by the Ethiopian Government of Mengistu Haile Mariam), the banking sector became a government monopoly. This situation continued after Eritrea achieved its independence. The Bank of Eritrea is the central bank of Eritrea.
At present there are three commercial banks in operation in Eritrea - The Commercial Bank, The Housing and Commercial Bank, and the Eritrean Investment and Development Bank. All banks with the exception of the Housing and Commercial Bank are under state ownership, while the Housing and Commercial Banks is owned by the ruling party, the PFDJ.
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Modern bankinginEritrea started with the arrival of the Italian colonizers. However, from 1974 on (due to the nationalization decided by the Ethiopian...
The economy of Eritrea has undergone extreme changes after the War of Independence. It experienced considerable growth in recent years, indicated by an...
You may need rendering support to display the Ethiopic text in this article correctly. Eritrea (/ˌɛrɪˈtriːə/ ERR-ih-TREE-ə or /-ˈtreɪ-/ -TRAY-; Tigrinya:...
Italian Eritrea (Italian: Colonia Eritrea, "Colony of Eritrea") was a colony of the Kingdom of Italy in the territory of present-day Eritrea. The first...
are to be made in Nakfa. Andebrhan Welde Giorgis, 1993-1994 Tekie Beyene, 1994-2003-? Kibreab Woldemariam, ?-2004- BankinginEritrea Central banks and...
The Commercial Bank of Eritrea is the only banking institution inEritrea with full retail commercial banking services. It is a government-owned bank,...
banks inEritrea Bank of Eritrea Commercial Bank of EritreaEritrean Investment and Development Bank Housing and Commerce Bank Eritrea portal Bankingin Eritrea...
of Eritrea Economy of Eritrea Economic rank, by nominal GDP (2007): 161st (one hundred and sixty first) Agriculture inEritreaBankinginEritrea National...
Eritrea is an ancient name, associated in the past with its Greek form Erythraia, Ἐρυθραία, and its derived Latin form Erythræa. This name relates to...
including the Bank of Eritrea and the World Bank. BankinginEritrea Banks portal Rena, Ravinder (2006). Financial Institutions inEritrea. New Africa Press...
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become a full-fledged bank. Rena, Ravinder (2006). Financial Institutions inEritrea. New Africa Press. ISBN 0-9802534-8-9. BankinginEritrea v t e v t e...
Tribune showing how Eritrea has historically been a part of Ethiopia Mauri, Arnaldo (2003), "The early development of bankingin Ethiopia", International...
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[citation needed] The banking system, dominated by the Portuguese collapsed after independence in 1975. From an earlier position (in the 1980s) of central...
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ethnicity in the United States Racism against Native Americans in the United States Racism in Canada Racism in Mexico Racism in North America Racism in the...
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