Discover all the Company news on Commerical Bank Of Ethiopia and other articles related to Commerical Bank Of Ethiopia in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on Commerical Bank Of Ethiopia and other articles related to Commerical Bank Of Ethiopia
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Ethiopia's parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment.
regulation, Open Banking, banking, Open Finance
Ethiopia's cabinet has approved a bill allowing foreign banks to establish local subsidiaries and permitting foreigners to acquire shares in domestic lenders.
banks, financial services, regulation, financial institutions
Commercial bank of Ethiopia has lost more than USD 40 million after a systems glitch which let customers withdraw and transfer sums of money that was not in their accounts.
ATM, mobile banking, online banking, cash, banking