Monday 19th July 2004

Commercial Bank of Ethiopia Announces Auctions

The Commercial Bank of Ethiopia has announced the tender/auction of different buildings of defaulters in Addis Ababa. The auction is scheduled for Hamle 19 to Hamle 22, 1996 E.C.

The list of the buildings, including some basic data about each one of them, has been posted on the Commercial Bank of Ethiopia website - www.combanketh.com - so that interested Ethiopians in the diaspora can read and participate in the tender if they wish to.

For further information interested community members can call during working hours local time using the following telephone numbers:

251-1-506020, 251-1-506022 and 251-1-525127.

Interested individuals will also be kept informed of upcoming auctions.

ENDS