More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Ethiopia or transferred to other banks before transactions were halted.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

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 ...

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.

ADDIS ABABA, Ethiopia (AP) — 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 ...

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 ...

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 ...