The problem was caused by a "routine system update and inspection" rather than a cyberattack, according to Ethiopia's central bank. Established in 1963, the Commercial Bank of Ethiopia is the ...

Currently, the only major player in the banking sector is the state-run Commercial Bank of Ethiopia. Abiy's efforts have been derailed by a two-year civil war, a destabilized currency, and slow ...

Amaha Tefera (PhD) is a unit manager at a branch of the Commercial Bank of Ethiopia (CBE) and a master's level college lecturer. In 2018, he earned a Doctor ...

National Bank of Ethiopia (NBE) has maintained tight monetary and financial conditions, and modernisation of the monetary policy framework is advancing,” said IMF ...

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 ...

Ethiopia’s central bank governor ... In November 2013, it acquired subsidiaries of International Commercial Bank Financial Group Holdings AG (ICBFGH) in The Gambia, Sierra Leone, Ghana, and ...

Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, is revitalizing State-Owned Enterprises (SoEs) to drive economic transformation.