Ethiopia's parliament passed long-planned legislation on Tuesday allowing foreign banks to operate in the Horn of Africa ...

Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, ...

Ethiopia's biggest commercial bank is scrambling to recoup large sums of money withdrawn by customers after a "systems glitch". The customers discovered early on Saturday that they could take out ...

Eliminating these conditions requires that people have access to and use sanitation and hygiene infrastructure. In Ethiopia, millions of people are at risk of neglected tropical diseases and the ...

Notices bearing their names and photos could be seen outside branches of the Commercial Bank of Ethiopia (CBE) on Friday. The bank says it has recovered almost three-quarters of the $14m (£12m ...

The head of Ethiopia's biggest commercial bank has told the BBC that customers who withdrew more money than was in their accounts because of a glitch cannot "escape" the law. Commercial Bank of ...

Ethiopia's banking sector is currently dominated by state-owned Commercial Bank of Ethiopia. Parliament overwhelmingly backed the banking law, although a handful of opposition lawmakers expressed ...