There were foreign banks during Emperor Haile Selassie era. Banc di Roma and banco di Napoli were operating in Addis Ababa. If managed properly, it will benefit the country and the population. Transfer of capital, technology, and foreign currency will help the economy. It also will create competition.
There were foreign banks during Emperor Haile Selassie era. Banc di Roma and banco di Napoli were operating in Addis Ababa. If managed properly, it will benefit the country and the population. Transfer of capital, technology, and foreign currency will help the economy. It also will create competition.