It is very easy to connect your Fayda ID to Ahadu Bank. You do not need to visit Ahadu Bank physically. You will have to visit Ahadu Bank’s official Fayda ID Connect page. Link is given at the end of this article. After opening the Ahadu Bank Fayda Connection page, enter your Ahadu Bank account…
It is very easy to connect your Fayda ID to Addis International Bank. You do not need to visit the bank physically. Just visit Addis International Bank’s official Fayda ID Connect page. Link is given at the end of this article. After opening the Addis International Bank Fayda Connection page, click “Harmonize My Account” link…
It is very easy to connect your Fayda ID to Abay Bank. You do not need to visit Abay Bank physically. You will have to visit Abay Bank’s official Fayda ID Connect page. Link is given at the end of this article. After opening the Abay Bank Fayda Connection page, enter your Abay Bank account…
A new digital loan service called Tila has been launched in Ethiopia. Awash Bank and Ethio Telecom have jointly launched this service. Through Tila, users can get short-term digital loans with flexible repayment options. It offers 15-day, 40-day & 75-day loan time periods. The users can get loan between 5,000 Birr and 16,000 Birr. Employees…
Awash Bank S.C. has been granted the license to enter the Ethiopian capital market ecosystem. The license was issued on November 19 to Awash Capital, a subsidiary company of Awash Bank S.C. Awash Capital is the fourth investment bank to operate as a capital market service provider in Ethiopia. Commercial Bank of Ethiopia Investment Bank S.C.,…
Ethiopian Birr today fell to record low against US dollar in black market. The Ethiopian government has taken a variety of steps in recent months to kill the foreign exchange parallel market. The birr fell to 181.4 against US dollar on Wednesday November 19, 2025 in black market. While the Commercial Bank of Ethiopia and…
The Commercial Bank of Ethiopia (CBE) has temporarily suspended services on November 16, 2025. The CBE has issued a statement in this regard. “In connection with system upgrade work, on Sunday November 16, 2025 from 6:00 pm to 9:45 pm, all digital payment services of our bank, mobile banking, ATM machines, post machines and Core…
Ethiopian currency birr has dropped to a new record low against US dollar in parallel market. The US dollar is being sold for around 174 in the black market. Ethiopian currency birr started its downward journey in July last year when the government introduced macro economic reforms and liberalized foreign exchange market. Back then, official…
Ethiopian Birr has fallen to a new low against US Dollar in black market. The USD/ETB black-market rate has climbed sharply to 160.75 Br/USD, up 0.37% . This marks a significant rise from around 157 Br just two days ago. In late May, the National Bank of Ethiopia (NBE) expanded FX access—raising personal travel limits…