Commercial Bank of Ethiopia Introduces Agricultural Loans for Farmers and Pastoralists

The Commercial Bank of Ethiopia has introduced a new agricultural loan service intended to improve access to credit for farmers and pastoralists.

The Commercial Bank of Ethiopia has introduced a new agricultural loan service intended to improve access to credit for farmers and pastoralists.
The Commercial Bank of Ethiopia (CBE), in cooperation with Shoa Supermarket has launched ‘Sitota’ a Gift Card at an event held on April 16, 2015, according to Commercial Bank of Ethiopia.

Commercial Bank of Ethiopia (CBE) announced that it had launched an app called Ethio Direct, a time efficient and easy to use digital remittance service.
The Commercial Bank of Ethiopia announced the launch of internet banking services for the 74 branches connected through
integrated banking solutions (Core Banking).
The bank will offer the service to individual customers as well as to companies.
The new system operates on any device that is able to support an internet browser and makes use of anti hacking and anti E-theft systems building up on the experience of Asian and European banks said Solomon Mengesha, Assistant Vice President of Information Systems with CBE.

The Commercial Bank of Ethiopia has introduced a new interest-free deposit saving service called Lebbeyk Mudarabah which is designed to help Muslims save for their Hajj or Umrah pilgrimages.