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Sunday, April 19, 2026

Scam post falsely claims Ethiopian bank is giving away holiday prizes - AFP Factcheck

A Facebook post claims that the Commercial Bank of Ethiopia (CBE) is giving away various prizes on the occasion of the Ethiopian New Year, and asks users to submit their telephone numbers to receive the items. However, this is false: CBE is not offering any such prizes and has warned customers about scammers who steal money from accounts through phone calls pretending to be from the bank.

"Good news from Ethiopian commercial bank. Don’t miss out on this opportunity. A new challenge for the new year. We are pleased to announce that our company CBE is giving many prizes for people who follow and promote our page," reads the post published in Amharic on September 10, 2023.

The state-owned CBE is the largest bank in Ethiopia.

"This challenge will last until Pagumen 6 in the Ethiopian calendar [September 11 in the Gregorian calendar] and everyone who views this post will be rewarded by sharing it with only 10 people," adds the post, which has been shared more than 840 times.

It then lists various prizes including houses, cars and three-wheel vehicles.

The awards are meant to celebrate the Ethiopian New Year, which took place on September 12, 2023.

To receive the prizes, users are asked to follow the group, like the post and share it in at least three different Facebook groups. They are also asked to submit their telephone numbers in the comment section.

The post has more than 120 comments, most of them telephone numbers.

However, the CBE is not carrying out any such prize...



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