Source link Over 9,000 clients have given back the entire amount they were able to withdraw during a system malfunction on March 16 The Commercial Bank of Ethiopia (CBE) has retrieved 622.9 million birr (over $10 million), accounting for 78% of the money it lost in a recent glitch that allowed customers to withdraw more […]
Tag: Glitch
African country seeks to recover millions lost in banking glitch — RT Africa
Source link Customers who withdrew more than they own during a weekend system flaw will face prosecution, Ethiopia’s commercial bank has warned A banking system glitch in Ethiopia over the weekend allowed customers to withdraw more than they had in their accounts, with the East African nation’s largest bank reportedly scrambling to recover more than […]