Wazema quoted sources of banks as saying that the cash relocated was taken from Amhara zonal and Woreda towns including the Regional capital, Bahir-Dar. Banks have started moving their cash from the Region to Addis Ababa since last week. Starting from 03 August 2023, the banks drew extensively their cash particularly from Wereda Branches, Wazema said, quoting its banking sources. Bank employees in Amhara Region confirmed that daily money withdrawal by customers is limited. Following this, bank customers are complaining that they have not been allowed to draw their money.

Source: Ethiopian News August 08, 2023 13:44 UTC