CBE Alamata Branch in Southern Tigray regional state. Photo: Social MediaAddis Abeba – Commercial Bank of Ethiopia (CBE) said it has reopened branches and resumed banking services in Shire, Alamata and Korem, allowing people to deposit money and receive funds sent to them including from abroad. The bank announced on its facebook on Tuesday that it was forced to discontinue providing banking services for the past two years due the prevailed conflict in the northern part of the country. In November, CBE announced that it had restored banking services in seven of its branches located in Western Tigray, which is currently under the occupation of the Amhara Regional state. The Bank’s branches in Maikadra, Humera, Kafta, Aurora, Dansha, Adi Remits and Ketema Nigus which were operated under Shire banking district before the war broke our in November 2020, are now now providing services under the CBE’s Gonder banking district.

Source: Ethiopian News December 22, 2022 05:45 UTC