Standard Bank’s representative office in Ethiopia. 
Taitu Wondwosen, Head: Ethiopia, Standard Bank Corporate and Investment Banking, says, “Launched in 2015, our Representative Office has been instrumental in connecting Ethiopian businesses to regional and international markets. The re-licensing enables us to accelerate partnerships to unlock growth opportunities in areas such as infrastructure development in the country and cross-border trade for our clients in Ethiopia.”
Ethiopia's banking sector reforms form part of broader economic liberalisation efforts that include expanded provisions for foreign investment. These changes are expected to enhance and facilitate greater international banking participation in Ethiopia's growing economy.
Standard Bank's successful re-licensing under the new provisions demonstrates the bank’s strategic alignment with Ethiopia's development objectives. The re-licensing also reinforces Standard Bank's long-term commitment to supporting its clients and Ethiopia’s economic transformation journey. DM
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