ASSESSING CHALLENGES OF DEPOSIT MOBILIZATION OF PRIVATE COMMERCIAL BANKS IN ETHIOPIA (THE CASE OF NIB INTERNATIONAL BANK OF ETHIOPIA)

Abstract

To continue financing and support economic development, substantial amount of deposit must be mobilized. In this regard commercial bank deposits are key to ensuring continued government financing in Ethiopian economic development. In view of that, this study aims to identify the challenges in deposit mobilization of private banks in Ethiopia by concentrating the case on NIB International Bank, Descriptive method particularly survey design approach was adopted for the study. The survey conducted with staff individuals working in NIB International Bank at different positions using questionnaire. In addition, the study used unstructured review of documents and records held by other commercial banks and NBE. The researcher has taken sample of 1 branch which have 11 respondents in it out 302 branches all over the country. Finally the collected data have been processed, analyzed and interpreted.