Bunna International Bank, one of the 16 private banks in Ethiopia, today awarded customers who received remittance through its formal banking system. Presenting awards, which includes car and three wheel vehicle, the Chief Strategy Officer of Bunna International Bank, Menkir Hailu, said the purpose of the reward is to incentivize those who use formal money transfer system and helped the bank and the country increase hard currency earnings. Today’s reward of the Bank at its head office in Addis Ababa includes, automobile, TV sets, smart phones and other items. Such rewards, which took place for the 7th round, encourages customers by directing remittance flows to the official channels, according to the CEO. Today Bunna International Bank has also for drivers of taxi and three wheel car (Bajaj – Tuktuk) who saved in the Bank consistently.

Source: News Business Ethiopia October 27, 2020 13:52 UTC