In Ethiopia, private banks started to flourish since 1994. Before 1994, there were no private banks; there were three public government-owned banks. But after 1994, sixteen private banks have been established and I see this as a big opportunity, because as you know, finance is key and Ethiopia is one of the most under-banked countries by sub-Saharan standards. I see this as a great opportunity and also a great leap forward.
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![Enat bank: Empowering Women in Ethiopia - Interview with Meaza Ashenafi, Chairperson of Enat Bank](/sme-d8/dev/sites/default/files/styles/large/public/post/images/476040_sme_finance_forum_4154171389635771meaza-ashenafi-enat-bank-chairperson.jpg?itok=cnJexdYh)