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Ethiopia gets 21st century banking

December 12, 2014 by Seamus Quinn

Ethiopia’s biggest bank has undertaken a huge expansion and modernisation programme based on model 795 and 770 Power Systems. Founded in 1942 and headquartered in Addis Ababa (pictured), Commercial Bank of Ethiopia (CBE) has more than eight million account holders and annual revenues equivalent to $586 million. It now operates 868 branches across Ethiopia and […]

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