
Commentaries | May 18,2024
May 23 , 2020
Bunna Bank has made amendments to lighten the economic impact of the Novel Coronavirus (COVID-19) on different businesses and relieve the pressure on borrowers.
The Bank waived the commission fees for the request of loan extensions beginning March 31, 2020, for the duration of two months. Additionally, it made a 0.75 percentage point deduction on customers working in all economic sectors.
For the hotel, tourism and horticulture sectors, the Bank has made an additional deduction of 2.5 percentage points for a period of three months. It has also arranged a system where customers from these sectors can repay both principal and interest loans after a period of three months.
Customers engaged in export have also been made eligible for a decrease of interest rates of up to five percentage points.
The Bank has increased its transaction allowance for mobile banking and ATMs to 30,000 Br and 10,000 Br, respectively.
Bunna Bank previously donated two million Birr to the COVID-19 Resource Mobilisation Committee.
PUBLISHED ON
May 23,2020 [ VOL
21 , NO
1047]
Commentaries | May 18,2024
Fortune News | Apr 06,2024
Radar | Apr 15,2023
Fortune News | Nov 27,2021
Radar | Jan 15,2022
Fortune News | May 20,2023
Agenda | Feb 02,2019
Radar | Jun 25,2022
Commentaries | Oct 24,2020
Verbatim | Dec 25,2018
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...
Oct 11 , 2025
Ladislas Farago, a roving Associated Press (AP) correspondent, arrived in Ethiopia in...
Oct 4 , 2025
Eyob Tekalegn (PhD) had been in the Governor's chair for only weeks when, on Septembe...
Sep 27 , 2025
Four years into an experiment with “shock therapy” in education, the national moo...
Sep 20 , 2025
Getachew Reda's return to the national stage was always going to stir attention. Once...