HomeNewsEthiopia's Commercial Bank Announces Digital Banking Disruptions 

Ethiopia’s Commercial Bank Announces Digital Banking Disruptions 

Commercial Bank of Ethiopia
Commercial Bank of Ethiopia

Borkena

Toronto – Ethiopia’s Commercial Bank on Sunday announced that digital services related to mobile banking, Internet banking, POS , ATM and services it offers in collaboration with third parties will be experiencing disruptions. 

CBE Birr transactions will not be impacted by the disruption.

The largest state-owned bank with about 2000 branches was specific in its announcement that the services mentioned above will not be available between 3:00 a.m. and 4:30 a.m.  on Sunday 

It related it to “system upgrades” and urged clients to prepare for it. 

The 84 years old bank which used to have a reputation for excellence has a recent history of “systemic glitch”. 

In March 2024, over 490,000 illegal transactions were made due to what was described as a “glitch” in the course of “improving the system.” At the time, Abe Sano confirmed it. The country’s intelligence unit was investigating it but the “glitch” narrative persisted. 

And in May 2025, there was another report of illegal transfer in the amount of over 7.7 billion birr. The story is available here

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16 COMMENTS

  1. House of cards of western SHARK- Banks ‘ASSETS’… sold to fools world wide as ‘solid Investment’

    ‘The $600 Trillion Derivatives Bomb: Why the Next Crash Could Eclipse 2008’

    Link = rumble.com/v71ro32-the-600-trillion-derivatives-bomb-why-the-next-crash-could-eclipse-2008.html?e9s=src_v1_cbl%2Csrc_v1_upp_v

    Until the bubble bursts ‘US’s GOLDEN YEARS of economic growth unlike anything anywhere, never seen before, nothing like it’… DJT.

    Be well.

    • But I am out of the country and I have not digital Id then I can’t transact my account, what shall I do?

  2. I appreciated for this service but thè service cost Is high i mean transfer to other banks service cost is high please deacrese it.tanks for you CBE..

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