Ethiopia: CBE Bagged 10.9 Billion Birr Profit
Commercial Bank of Ethiopia (CBE) bagged gross profit of 10.9 Billion Birr in the first 9 months of the current fiscal year.
Commercial Bank of Ethiopia (CBE) bagged gross profit of 10.9 Billion Birr in the first 9 months of the current fiscal year.
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 of 7.7 billion Birr.
Commercial Bank of Ethiopia (CBE) adopted International Financial Reporting Standards (IFRS). The bank managed to do this a year ahead of the time period National Bank of Ethiopia set for the banks.

The Commercial Bank of Ethiopia (CBE), the Ministry of Transport and Logistics, and National Oil Ethiopia jointly announced the launch of two digital applications, CBE Birr and Fuel Up, that facilitate the payment of fuel transactions with the aim of modernizing the fuel payment system.

The Commercial Bank of Ethiopia (CBE) celebrated the 10th anniversary of its CBE Noor service, which offers interest-free banking according to Sharia laws.