Commercial Bank of Ethiopia Launches a Digital Remittance Service
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.
Commercial Bank of Ethiopia Launches E-Banking
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.
Commercial Bank of Ethiopia Launches Interest-Free Deposit Saving Service for Hajj and Umrah
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.
Commercial Bank of Ethiopia Opens 3 Interest -Free Banking Branches
The Commercial Bank of Ethiopia (CBE) opened three new branches that give full-fledged interest-free banking services.
Commercial Bank of Ethiopia Opens First Full-Fledged Interest Free Branch
The Commercial Bank of Ethiopia (CBE), the largest bank in East Africa, inaugurated its first full-fledged interest-free banking branch on September 7, 2019. CBE named this new branch "Billal", after Bilal ibn Rabah, a figure of Ethiopian descent who is believed to be the first muezzin in Islam.
