Commercial Bank of Ethiopia Home Commerz Bank Ag is one of the banks that have issued such a letter to its customer banks in Ethiopia to settle their payments, according to the same bank manager. The decline in the global price of coffee and other agricultural commodities has also contributed to the problem, according to the macroeconomist. Forex Service; Money Transfer; Correspondant Banks; E-Payment. The Commercial Bank of Ethiopia donated 2.6 million birr to Children Heart Fund of Ethiopia.
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National Bank of Ethiopia issues new forex directive to banks - MFW4A But with the economy expanding, the problem is getting worse, negatively impacting the manufacturing and import export sectors regardless of the size of the players. Nov 3, 2016. The directive allows importers access to forex without restrictions. The National Bank of Ethiopia NBE has directed commercial banks to make.
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