Ethiopia's Banking Industry: Planning your Response to Foreign Entry into the Banking Sector

The Ethiopian banking sector is set to undergo major changes as it opens up to foreign participants. In order to prepare for this transition, i-Capital Africa Institute and Genesis Analytics have partnered to deliver an innovative training program for Executive and Senior Management Members. The workshop, titled “Preparing for Foreign Entry into Ethiopia Banking Sector”, aims to benchmark the Ethiopian banking sector and highlight the differences between the Ethiopian market and other regional markets. The workshop aims to identify areas of weakness and strength as the sector diversifies.

Here are some of the benefits of the Package:

 

  • Benchmarking the Ethiopian Banking sector on the eve of the opening of the sector, highlighting differences between the Ethiopian market and other regional markets, identifying areas of weakness and strength as the sector diversifies.
  • Changes in the operating environment, including rapid improvements in telecommunications, the need to digitize operations and to meet changing capital requirements, and increased competition from non-banks, specifically digital wallets offered by telecommunications companies such as Mpesa.
  • Advantages of foreign participants, including access to large pools of debt and equity capital, advanced and cost-effective digital operating models, international linkages to support corporates, access to wide pools of qualified personnel, targeted and segmentation marketing strategies, and highly advanced risk and capital models used to select clients.
  • Response functions, including how to select a foreign partner and likely investors, what investor requirements look for in a bank and investment perspective, how to present the institution to investors, and merger and acquisitions theory and practice.

The workshop will be an important opportunity for local banks to gain a better understanding of the challenges they will face as the Ethiopian banking sector opens up to foreign participants. With the right preparation, Ethiopian banks can take advantage of the opportunities that come with increased competition and modernization in order to become more competitive and successful. The partnership between i-Capital Africa Institute and Genesis Analytics will ensure that the program is delivered by experts in the field with a wealth of experience and knowledge.