Tag: Commercial Bank of Ethiopia

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CBE at Half Trillion Birr in Assets

The state owned financial giant, Commercial Bank of Ethiopia (CBE), total assets will soon climb to a half trillion Birr. The bank disclosed in its annual

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CBE’s Deposit Hit 347.1 Billion Birr

Commercial Bank of Ethiopia (CBE), the government owned giant, disclosed its total deposit has reached 347.1 billion Birr. There is a huge increase when compared

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Police Arrest top Officials on Suspicion of Corruption

Police have arrested top heads of Ethio Telecom and the Commercial Bank of Ethiopia (CBE) on suspicion of corruption. The suspects include Abraham Guade, deputy manager

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CBE Bagged 4 Billion Birr in 3 Months

Commercial Bank of Ethiopia (CBE) bagged a net profit of 4 billion Birr in the first quarter of the current fiscal year with total earning

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Bank’s Aggregate Capital Increased By 19 Percent

National Bank of Ethiopia (NBE) disclosed aggregate capital of banks in Ethiopia has increase by 19 percent during the 2014/2015 fiscal year. The annual report of

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NCR Software Monitors CBE’s Multivendor ATM Network

ADDIS ABABA, Ethiopia – NCR Corporation, (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Commercial Bank of Ethiopia (“CBE”), the leading

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CBE Launches Internal Fraud Detector Technology

The Commercial Bank of Ethiopia (CBE), the largest bank in the country introduced a new technology that protects its customers’ data from internal fraud. The

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Ethiopia State Owned Banks Secures USD 6 Billion

Public Financial Enterprises Agency said banks owned by the Ethiopian government had secured USD 6.23 billion from sales and hawala in the last Ethiopian budget

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CBE Attains 242 Billion Birr Reserve

Commercial Bank of Ethiopia (CBE) said its reserve has peaked to 242 billion Birr. CBE Communication Manager Ephrem Mekuria speaking at an awarding ceremony for savers

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Commercial Bank Of Ethiopia Reviews The 2014/15 Nine Months Report

The Commercial Bank of Ethiopia (CBE) reviewed the 2014/2015 budget year nine months performance during the three days meeting held at Bahir Dar from April

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Ethiopian Bank To Build The Tallest Building In East Africa

The Commercial Bank of Ethiopia (CBE) has signed an agreement with the China State Construction Engineering Corporation (CSCEC) for the plan to build a 198-meter

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Mobile Payment With Commercial Bank Of Ethiopia Launched

Ethiopian Airlines, the largest in Africa, is pleased to announce the commencement of mobile payment for online ticket purchase in Ethiopia. The option was made

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