Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch".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 ...

The state-owned Commercial Bank of Ethiopia has recovered more than three-quarters of the $14 million it lost when a software glitch earlier this month allowed customers to withdraw more funds ...

Commercial Bank of Ethiopia (CBE) customers rushed to take out money, or transfer it to other accounts. It took several hours for the state-owned bank to freeze transactions.

The Commercial Bank of Ethiopia is trying to regain the full $14m withdrawn during a technical glitch.

International banks and investors can apply for a licence to operate in Ethiopia immediately, according to a central bank statement, capping the government's drive to attract more overseas investment ...

Addis Ababa, April 2, 2025 (ENA) -- The Commercial Bank of Ethiopia (CBE) has disbursed over 264 billion Birr in loans to its customers over the past eight months, according to Abe Sano, the bank ...

Rights groups Access Now and the Center for Advancement of Rights and Democracy (CARD) called for the Commercial Bank of Ethiopia (CBE) to halt its public shaming campaign in an open letter on ...

Ethiopia’s biggest bank ‘resumes services’ in Tigray. Commercial Bank of Ethiopia says it has reopened its branches in Shire, Alamata and Korem after more than year of shutdown.

Commercial Bank of Ethiopia is an Ethiopia-based bank, which is engaged in offering a range of domestic banking and international banking services. The Bank offers account opening, deposit ...

Commercial Bank of Ethiopia has lost more than £31 million after a technical glitch let customers withdraw and transfer money that was not in their accounts. ACI Worldwide (NASDAQ: ACIW), a ...

Abe Sano, President of the state-owned Commercial Bank of Ethiopia (CBE), announced this morning that the maximum amount of money vulnerable to theft during the recent "system glitch" is estimated ...

Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch".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 ...