NAIROBI (Reuters) - Several banks said they had resumed services in government-controlled areas of Ethiopia's northern Tigray region for the first time in over a year, following a November truce in a bloody two-year conflict. Banks have been closed across Tigray since the Ethiopian national army was driven out of the region in June 2021 by forces led by the dominant Tigrayan political party, the Tigray People's Liberation Front (TPLF). Lion International Bank and Wegagen Bank have also resumed services in parts of Tigray, the banks said on Tuesday. None of the banks said they had re-opened in areas still controlled by the TPLF, which says it is withdrawing its troops from the frontlines in accordance with the truce. The deal stipulated the full restoration of basic services to Tigray, and power services were restored in the regional capital Mekelle earlier this month for the first time in over a year.

Source: Ethiopian News December 20, 2022 13:03 UTC