How to Connect Fayda ID to Commercial Bank of Ethiopia

If you want to connect your Fayda ID to Enat Bank, the process is very simple. You do not need to visit the Enat Bank physically. You will have to visit Enat Bank’s official Fayda ID Connect page. Link is given at the end of this article. After opening the Enat Bank Fayda Connection page,…

The National Bank of Ethiopia today held the second foreign exchange auction. It sold foreign currency especially US dollar for birr to local banks. Yesterday NBE announced that on Tuesday it would sell $60 million to local banks. According to a statement issued by the Ethiopian banking regulator, 27 banks participated in today’s auction and…

Technical Issues have caused a delay in the launching of the Ethiopian Stock Exchange (ESX). Last minute technical problems dimmed the prospects of the inauguration of the bourse this month. Ethiopian Capital Market Authority head and other senior government officials have been claiming that the ESX will start operations in late November. Reportedly, all the…

The government of Ethiopia has cancelled Franco Valuta. Franco Valuta was allowed by the Ethiopian government over 2 months ago. Under Franco Valuta, importers can bypass conventional banking channels, use their foreign accounts to import items allowed under the policy. It is generally introduced when there is shortage of foreign currency in the country. In…

The procedure to connect your Bank of Abyssinia account to Fayda ID is very simple. You do not need to visit the Bank of Abyssinia physically. You will have to visit Bank of Abyssinia’s official Fayda ID Connect page. Link is given at the end of this article. After opening the Bank of Abyssinia Fayda…

It is very easy to connect Hijra Bank account to Fayda ID. You do not need to visit the Hijra Bank physically. You will have to visit Hijra Bank’s official Fayda ID Connect page. Link is given at the end of this article. Visit Hijra bank’s National ID to account integration portal. After opening the…