Commercial Bank of Ethiopia says it has reopened its branches in Shire, Alamata and Korem after more than year of shutdown. The Commercial Bank of Ethiopia said it has resumed financial services in some towns in the war-torn region of Tigray, enabling residents to access their funds after a shutdown lasting more than a year. “Our bank was forced to suspend its banking services because of the instability in the northern part of the country,” the statement said. The war left Tigray devastated and lacking access to basic services including banking, electricity, fuel and communications for more than a year. Since the truce was agreed, the TPLF has regularly denounced Eritrean troops for allegedly committing human rights violations in Tigray.

Source: Ethiopian News December 20, 2022 07:45 UTC