Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch". The customers discovered early on Saturday that they could take out ...
More than 38 million people hold accounts at Commercial Bank Ethiopia The head of Ethiopia's biggest commercial bank has told the BBC that customers who withdrew more money than was in their ...
The Commercial Bank of Ethiopia (CBE) has announced that it has transacted 5.3 trillion Birr through its digital services in ...
with a particular focus on supporting balance sheet restructuring and the recapitalization of the state-owned Commercial Bank of Ethiopia (CBE). The credit provided under the Financial Sector ...
Ethiopia's central bank has increased the annual credit growth ceiling for commercial banks to 18% from 14%, signalling a cautious easing of monetary controls ...
Despite retrocession prices and claims surging due to growing natural and man-made catastrophes, Ethiopian Reinsurance (Ethio ...
The National Bank of Ethiopia warned that “informal financial transactions” using BTC are used for “money laundering schemes.” The Commercial Bank of Ethiopia stated BTC was being used for commercial ...