
Fortune News | May 14,2022
In a landmark move to promote gender equity in the banking industry, the National Bank of Ethiopia (NBE) has released its inaugural Gender Financial Inclusion Index, positioning Enat Bank at the forefront. Among 30 commercial banks evaluated, Enat Bank emerged as the sole financial institution to attain a “transformational” rating, outpacing competitors in a field where most lenders remain at early stages of integration. The five-tier composite index, developed by the Central Bank as a benchmarking tool, rates banks across dimensions such as leadership commitment, product innovation, credit accessibility, data transparency, and organisational policies targeting women’s financial participation. While three other banks received recognition for progress, the industry's average settled at 2.95, categorising the majority within the “Building Momentum” tier, a midpoint demonstrating nascent but incomplete commitments to inclusive banking practices.
Enat Bank’s performance stood out not only for scoring highest but also for its structural and cultural alignment with gender equity principles. Founded in 2008 with a mission to empower women economically, Enat Bank has since issued over 1.4 billion Br in non-collateral loans to women-led enterprises, contributing to the creation of more than 22,000 jobs. According to reviewers, the Bank’s operational ethos integrates gender inclusion at every level, from its boardroom, where Chairperson Meaza Ashenafi, a former president of the Supreme Court, provides strategic oversight, to front-line services geared toward underserved female entrepreneurs. The symbolic weight of the achievement was observed during a celebration at the Addis Abeba Hilton on June 19, 2025, where former President Sahle-Work Zewde joined Enat Bank President Ermias Andarge and other board members for a toast marking the milestone.
PUBLISHED ON
Jun 21,2025 [ VOL
26 , NO
1312]
Fortune News | May 14,2022
Fortune News | Nov 09,2019
Fortune News | Mar 16,2024
Radar | Oct 19,2024
Fortune News | Apr 10,2023
Fortune News | Nov 27,2021
Radar | Oct 03,2020
Fortune News | Jul 15,2023
Money Market Watch | Dec 15,2024
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Aug 2 , 2025
At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...
Jul 26 , 2025
Teaching hospitals everywhere juggle three jobs at once: teaching, curing, and discov...
Jul 19 , 2025
Parliament is no stranger to frantic bursts of productivity. Even so, the vote last w...
Jul 12 , 2025
Political leaders and their policy advisors often promise great leaps forward, yet th...