The Commercial Bank of Ethiopia violated customers’ private data when it published hundreds of names and photographs of customers in bid to recover lost funds from an ATM network glitch incident.

More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Ethiopia or transferred to other banks before transactions were halted.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 ...

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 ...

ADDIS ABABA, March 27 (Reuters) - 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 ...

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 ...

Gadaa Bank, a domestically owned commercial lender, has become the second company to list on Ethiopia’s nascent stock market that’s yet to commence trading. The bank listed the entire 1.23 million ...

NAIROBI, June 26 (Reuters) - 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 ...