April 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]
Fortune News | Feb 29,2020
Fortune News | Oct 26,2019
Featured | Aug 10,2019
Radar | Nov 30,2019
Radar | Mar 13,2021
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 20 , 2021
Leaders of the warring parties in Ethiopia`s year-old militarised conflict may think...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
November 6 , 2021
Prime Minister Abiy Ahmed (PhD) stood to attention last week and saluted the high mil...
Put your comments here