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[Nov 2017] Bank Liquidity Crises in Ethiopia Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Commercial Bank of Ethiopia Puts Other Private Banks in Liquidity Crisis

Commercial Bank of Ethiopia CBE BuildingAlmost all commercial private banks found themselves confronted with liquidity crises, after suffering from what is known in the finance world as “a run on a bank” phenomenon occurred last week. It is an unusual situation where depositors demand withdrawals in unusually huge sums, with the result threatening to stall the whole

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