The Practices and Challenges of Foreign Currency Generation In Commercial Bank of Ethiopia
| dc.contributor.advisor | Tofik Rahmeto Issa | |
| dc.contributor.author | Tofik Rahmeto Issa | |
| dc.date.accessioned | 2023-12-14T05:02:31Z | |
| dc.date.available | 2023-12-14T05:02:31Z | |
| dc.date.issued | 2023-09-13 | |
| dc.description.abstract | The main objective of the study is to examine the challenges of foreign currency generation in Commercial Bank of Ethiopia, using primary and secondary data source from a survey of a random sample of 386 respondents/employees. To deal with this, the researcher has used both descriptive and binary logistic regression model as a tool. In the descriptive analysis part the CBE’s share reached as low as 8% in 2020/21 from 32% 2014/15. The remittances that except 2015/16 and 2017/18 its growth rate gradually dropped. In econometrics analysis; internal conflict, absence of foreign currency deposit, less work with development partners and weak employees’ knowhow have a positive significant effect on the challenges of foreign currency generation at 1% level of significance (P<0.01) and makes low generation of foreign currency. Also, work with few industrial parks has a positive significant effect on the challenges of foreign currency generation at 1% level of significance (P<0.05). Few dominated agricultural export and National Bank of Ethiopia’s directives have a negative significant effect on the challenges of foreign currency generation at 1% level of significance (P<0.01). Furthermore, participated in Africa Opportunity and Growth Act, fair charges of money transfer organizations and less intermediaries have a negative significant effect on the challenges of foreign currency generation at 5% level of significance(P<0.05). The researcher has recommended that the government should stop the internal conflict and maintain peace and security in the country and formulate policies that help to participate in Africa Growth and Opportunity and Act. Also, the government should control illegal intermediaries. In addition, the Bank should work with industrial parks and development partner | |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/892 | |
| dc.language.iso | en | |
| dc.publisher | AAU | |
| dc.subject | Banks, Foreign currency, Currency Earnings | |
| dc.title | The Practices and Challenges of Foreign Currency Generation In Commercial Bank of Ethiopia | |
| dc.type | Thesis |