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Misys updates core banking system for Ethiopian bank

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Addis Ababa, 25 November 2014 - Misys has implemented a core banking system for Ethiopia's second largest private bank, Awash International Bank, which has enabled it to reduce its IT costs while introducing new services. Ethiopia is Sub-Saharan Africa's fifth biggest economy and is expected to record GDP growth of approximately 10.6% this year according to CNBC Africa.


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