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allafrica - 1 month ago

Ethiopia: Banks Use Prizes As Magnet for Forex Mobilisation

[Addis Fortune] More and more banks are offering lotteries that bestow prizes on customers who bring in forex through remittances. Some banking customers say they look forward to the annual or seasonal raffles, but other banks and experts fail to see the strategy doing much to ameliorate the forex crunch, reports TEMESGEN MULUGETA, FORTUNE STAFF WRITER.

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