Banking and Finance Law
The Ethiopian Commercial Code of 1960, the Banking Business Proclamation No. 592/2009, Bank Corporate Governance Directives No. SBB/62/2015, the Insurance Business Proclamation No. 746/2012, and the Commercial Registration and Business Licensing Proclamation of 2016 are the principal sources on corporate and financial governance.
ELO provides strategic advice on a full range of corporate, financial, and commercial matters, general corporate counseling, and regulatory assistance for international and domestic businesses in all stages of development. Our services related to:
- Providing legal advice on the legal and regulatory framework related to the banking sector;
- Advising clients on matters related to external loan agreements and related security documents;
- Advising foreign companies on issues related to foreign exchange and remittance;
- Providing advice on sovereign loans, sovereign guarantee issues;
- And many more.