The state bank sets a November deadline to link accounts to Fayda

Baankiin mootummaa herrega Fayda waliin walqabsiisuuf guyyaa kaa'e

ATMs in the lobby of the Hilton, Addis Ababa.

Posted 6 Meskerem 2019 E.C. · 11:00 EAT (5:00 Ethiopian time) · Published by Ensight (Mo Creatives) · Photograph ProtoplasmaKid · CC BY 4.0

The Commercial Bank of Ethiopia gave customers until 9 November to link their accounts to the national digital ID. The deadline covers branches outside Addis Ababa, Dire Dawa, the Harari region and twenty-four other cities, where enforcement began earlier. Fayda enrollments reached 49.1 million on 24 August against a target of 90 million by 2027.

Source: Commercial Bank of Ethiopia

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