Radar | Dec 01,2024
Apr 4 , 2020
Abay Bank has waived fees that have been imposed on loan rescheduling, early settlement charges as well as ATM transaction fees as of the beginning of this month. Abay Bank has waived fees that have been imposed on loan rescheduling, early settlement charges as well as ATM transaction fees as of the beginning of this month.
The Bank, which also decided to reduce meetings and training, has made adjustments following the slowdown that occurred in the economy after the spread of Novel Coronavirus (COVID-19). To reduce physical contact at the branches, the bank increased the one-time cash withdrawals from ATMs to 10,000 Br. It has distributed sanitary products like soap, sanitizer, masks and gloves to all its employees and has put pregnant women and staff with health complications on leave. It has cut down its working hours from 9:00am to 6:00pm and has its employees working in shifts.
See All Our Coronavirus Coverage in One Place
Beginning this week, the Bank donated three million Birr to the national committee that is mobilising resources to ward off the potential spread of COVID-19.
So far, Ethiopia has reported 35 confirmed cases, and three of them have fully recovered and been discharged from treatment centres.
Please give us your feedback on our COVID-19 coverage
PUBLISHED ON
Apr 04,2020 [ VOL
21 , NO
1040]
Radar | Dec 01,2024
Fortune News | Aug 24,2019
Radar | Aug 04,2024
Radar | May 31,2020
Radar | Apr 02,2022
Radar |
Radar | Dec 08,2024
Money Market Watch | May 17,2025
Radar | Nov 13,2021
Radar | Feb 26,2022
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Aug 23 , 2025
Banks have a new obsession. After decades chasing deposits and, more recently, digita...
Aug 16 , 2025
A decade ago, a case in the United States (US) jolted Wall Street. An ambulance opera...
Aug 9 , 2025
In the 14th Century, the Egyptian scholar Ibn Khaldun drew a neat curve in the sand....
Aug 2 , 2025
At daybreak on Thursday last week, July 31, 2025, hundreds of thousands of Ethiop...
Loading your updates...