Nominal bank loans growth reached 30.5% in 2019 in Ethiopia, according to the National Central Bank. This is 16.4% more than in the previous year.
Historically, nominal bank loans growth in Ethiopia reached an all time high of 41.1% in 2008 and an all time low of 17.6% in 2007.
Ethiopia has been ranked 4th within the group of 91 countries we follow in terms of nominal bank loans growth.
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