Commercial Bank, Ethiopia to Open 2nd Branch in South Sudan
The Commercial Bank of Ethiopia is to open its second branch in Southern Sudan. The branch will be opened in the second
largest city in South Sudan and Malakal.
The bank aims to tap into the growing business in the area according to a banker attached to the Commercial Bank branch at Juba. The bank has already sent thirteen employees to Juba and CBE has already constructed the office that will house the bank he said.
There are only three banks, two local banks Nile Commercial and Ivory and Kenyan bank Equity, currently operating in Malakal in spite of the business created by its proximity to Ethiopia and North Sudan.
companies that run internet-dependant operations to acquire and use VSAT (Very Small Aperture Terminal).
Three companies in Ethiopia's Kombolcha Industrial Park have resumed operations following the ease of security situations in the area, and have started exporting their products abroad, it has been reported.
(ESIA) on its Ethiopia potash project to Environmental Resources Management (ERM).
