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Commercial Bank of Ethiopia Gofa Sefer Branch

Commercial Bank of Ethiopia Gofa Sefer Branch

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Product Description

The Commercial Bank of Ethiopia issues a written promise to pay a sum of money to the beneficiary, either local or foreign, in which the obligor (one who is bound by an obligation to another) fails to satisfy obligations in alignment with the terms, conditions, and policies agreed upon on the guarantee or agreement or contract.Types of Guarantee are Advance Payment,Bid and Performance Bonds
& Custom and retention duty.

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