The Commercial Bank of Ethiopia (CBE) has disbursed over Birr 264 billion in loans over the past eight months, with the majority directed toward the private sector, according to its president, Abe Sano.
The Commercial Bank of Ethiopia (CBE) has earned a gross profit of 4.6 billion birr in the first half of the 2013/14 fiscal year, Fortune reported.
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.
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.
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.
