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[Dec 2017] Agent Banking in Ethiopia Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Commercial Bank Ready to Launch Agent Banking

Commercial Bank of Ethiopia CBE BuildingThe State owned giant, Commercial Bank of Ethiopia (CBE), is set to launch agent banking, CBE Birr, next month. It has already gotten approval from the National Bank of Ethiopia (NBE) to pilot the system.

The move comes four years after the Bank started a feasibility study to provide the service.  It enables users to

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Lion International Bank to Provide Agent, Mobile Banking

Lion International Bank (LIB) S.C. will begin an agent and mobile banking system within two weeks, pending approval of the National Bank of Ethiopia (NBE).

This will put Lion in league with Commercial Bank of Ethiopia (CBE), Wegagen International Bank S.C. and United Bank S.C. who have already begun similar services. Others, such as Cooperative Bank of Oromia (CBO), Abay Bank and Dashen Bank S.C. have begun pilot programmes, according to information obtained from NBE.

The Bank has already concluded its test programme and

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