Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
1.3 Objectives of the CATS Procedure
The primary objectives of this procedure are to:
a) Ensure standardization and quality in the CATS process
b) Have a single source of reference to performers;
c) Determine the duties and responsibilities of each employee under CATS
process; and
d) Provide guidance and support to all employees under CATS process and
other users, to enhance their efficiency and effectiveness so as to bring
the intended operational excellence.
1.4 Scope of the procedure
This procedure shall cover and govern operational activities of the CATS process,
including the duties and responsibilities of performers in branches as well as
districts and CATS-CPC. The procedure shall also be applicable to NR/NT and
foreign transfer sub process.
1.5 Governing rules
This procedure shall be governed by:-
i. The commercial code of Ethiopia and other related laws and regulations of
the country;
ii. The relevant Directive of the National Bank of Ethiopia;
iii. The CATS policy of the bank;
iv. The accounting policy of the bank;
v. Internal control framework of the bank.
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