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Commercial Bank of Ethiopia Collects $994 Mn Revenue in 6 Months

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Category: Latest Business Alerts

cbe-logoThe Commercial Bank of Ethiopia (CBE) said it collected a revenue of $994 million (31.8 billion birr) in the first half of this Ethiopian fiscal year (2019/20).

Last Updated on 22 January 2020
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Commercial Bank of Ethiopia Digitalizes Agricultural Trade

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Category: Latest Business Alerts

CBE Digitalizes Farming

The Commercial Bank of Ethiopia (CBE) and Oromia Cooperative Unions Expansion Agency signed an agreement to work together. The agreement will enable farmers to pay for fertilizes and agricultural equipment which they buy from the Agency using mobile banking.

Last Updated on 19 December 2022
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Commercial Bank of Ethiopia Earned Over $612 Mn Profit in 2018/19

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Category: Latest Business Alerts

cbe-logoThe Commercial Bank of Ethiopia (CBE), the largest commercial bank in East Africa, announced it has earned over $612.46 million (17.9 billion birr) in profit during the Ethiopian fiscal year that ended on July 7, 2019.

Last Updated on 16 August 2019
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Commercial Bank of Ethiopia Facilitates Birr 1.9 Trillion in Digital Transaction

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Category: Latest Business Alerts

Commercial Bank of Ethiopia (CBE) said it was increasing the use of technology in its financial services and able to facilitate more than Birr 1.9 trillion in digital transaction in 2022.

Last Updated on 29 December 2022
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Commercial Bank of Ethiopia Gets $4.8bn in Forex

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Category: Latest Business Alerts

cbe-logoCommercial Bank of Ethiopia (CBE), the largest bank in East Africa, announced that its total deposit has now reached 504 billion birr. The bank made the announcement during its nine-month performance evaluation session held in the city of Adama, April 19 to 20, 2019.

Last Updated on 23 April 2019
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