Dashen Bank is the latest in a long line of banks chipping in funds for the national mobilisation to ward off the potential spread of the Novel Coronavirus (COVID-19). Its board of directors donated 10 million Br this week, handing over the cheaque to Misganu Arega, state minister for Trade & Industry and the chairperson of the resource mobilising committee.
So far, Awash, Nib, Addis International and Enat banks, as well as the Ethiopian Insurance Company, have donated 30 million Br.
Dashen took the lead last week, waiving commission fees on ATM transactions to let its customers reduce physical visits to branches. It also removed commission fees customers pay to extend the validity of letters of credit (LC) and purchase orders aiming at easing the burden importers face due to the economic slowdown as a result of the fear of the spread of the virus.
See All Our Coronavirus Coverage in One Place
The Ethiopian Public Health Institute (EPHI) has conducted 1,013 laboratory tests on individuals, 25 of whom have tested positive. Two of them are in critical condition, while two others have been discharged after they fully recovered.
Two Japanese citizens have been transferred back to their country, and the remaining are undergoing medical treatment. A British diplomat who flew to Addis Abeba from Dubai has been treated inside the UK Embassy.
PUBLISHED ON
Mar 31,2020 [ VOL
20 , NO
1040]
Agenda | Aug 14,2021
News Analysis | Feb 08,2026
Radar | Jul 28,2024
Radar | Sep 14,2024
Fortune News | Nov 08,2025
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...
May 23 , 2026
An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting t...
May 16 , 2026
The federal budget tells a troubling story about inflation, debt and reform. The prob...
May 9 , 2026
The Ethiopian state appears to have discovered a fiscal instrument that is politicall...
May 2 , 2026
By the time Ethiopia's National Dialogue Commission (ENDC) reached the end of its fir...