Ethiopia: CBE Extended 31.8 Billion Birr as Loan
The state owned Commercial Bank of Ethiopia (CBE) extended over 31.8 billion Birr loan to mega projects and the private sector in the first half of the current fiscal year.
Ethiopia: CBE Extended 40 Billion Birr Loan in 6 Months
Commercial Bank of Ethiopia (CBE) disclosed in the first 6 months of the current fiscal year, it extended more than 40 billion Birr loan for different development projects.
Ethiopia: CBE Laid Foundation Stone for its HQs
Commercial Bank of Ethiopia (CBE) laid the foundation stone on June 27, 2015, for its headquarters to be constructed on 147,000 square meters of land with USD 166.5 million dollars.
Ethiopia: CBE Launches ‘CBE Connect’ Digital Platform to Bundle Financial Services and Simplify Remittances
The Commercial Bank of Ethiopia (CBE) on Tuesday launched CBE Connect, a new digital platform designed to combine multiple financial services in a single application and enable direct transfers from global banks to Ethiopian fintech wallets.
Ethiopia: CBE Makes 42.8 Billion Birr Net Profit in GTP I Period
Commercial Bank of Ethiopia (CBE) disclosed it has made 42.8 billion Birr of net profits in the GTP I period, 116 percent beyond its initial target, according to Capital.
