NAIROBI, KenyaNAIROBI, Kenya — Ethiopia’s biggest bank is reportedly attempting to recover more than $40 million after a technical glitch allowed customers to withdraw more than they had in their ...

Heated boardroom disputes, allegations of corruption, widespread abuse of shareholder power, indecisive management, and ...

More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Ethiopia or transferred to other banks before transactions were halted. The bank's President Abie Sano told a ...

ADDIS ABABA — Ethiopia’s state-owned Commercial Bank of Ethiopia has issued a deadline for anyone who illegally withdrew large amounts of money during a major technical glitch to return the funds or ...

ADDIS ABABA, Ethiopia — Ethiopia’s biggest bank says it has recouped nearly 80% of the cash it lost during what it says was a glitch in its system that allowed customers to take out more money than ...

Mr Babeksingh Khalsa, VP-Sales, Africa, shines at Connected Banking 2024, winning the coveted 'Banktech Innovator of the Year' award. ADDIS ABABA, ETHIOPIA, August 16 ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NAIROBI, Kenya (AP) — Ethiopia’s biggest ...