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 they had in their accounts ...

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 ...

The Ministry of Revenues and the Commercial Bank of Ethiopia have signed a bilateral agreement on the provision of services ...

NAIROBI, Kenya (AP) — 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 accounts.

The Commercial Bank of Ethiopia has taken steps outside its legal mandate as a financial institution, freezing accounts and publishing private data of its customers, in its latest name-and-shame ...

Facepalm: Customers of Ethiopia's largest bank had a nice surprise this week when a glitch allowed them to withdraw unlimited funds. More than $40 million was withdrawn from the state-owned Commercial ...

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 ...

Ethiopian bank glitch lets customers withdraw millions Commercial Bank of Ethiopia has lost more than £31 million after a technical glitch let customers withdraw and transfer money that was not in ...