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Ethiopia: CBE’s Deposit Hit 347.1 Billion Birr

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Category: Latest Business Alerts

Commercial Bank of Ethiopia (CBE), the government owned giant, disclosed its total deposit has reached 347.1 billion Birr. There is a huge increase when compared to last year’s deposit which stood at 288.5 billion Birr.

Last Updated on 15 May 2017
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Ethiopia: CBE’s Digital Transactions Exceed Birr 1.3 Trillion in Three Months

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Category: Banking and Finance

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The Commercial Bank of Ethiopia (CBE) announced that its digital financial transaction volume had exceeded Birr 1.3 trillion in the first quarter of the current fiscal year.

Last Updated on 31 October 2023
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Ethiopia: CBE’s Reserve Capital Reached 320 Billion Birr

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Category: Latest Business Alerts

CBEThe state owned and the largest bank in Ethiopia, Commercial Bank of Ethiopia (CBE), disclosed its reserve capital has reached 320 billion Birr.

Last Updated on 09 February 2017
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Ethiopia: CBO Reported 267M Birr Gross Profit for FY 2012/13

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Category: Latest Business Alerts

Cooperative Bank of Oromia (CBO) reported gross profit of 267 million birr for the 2012/13 fiscal year, Capital reported.

Abera Deressa, board chair of CBO siad, “Global growth dropped to almost three percent in this past year, which indicates that about a half a percentage point has been shoved off the long-term trend since the crisis emerged,” addressing the company's share holders during its general assembly on November 30 in Adama town.

Last Updated on 10 December 2013
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Ethiopia: CBO Secures 602 Million Birr Profit

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Category: Latest Business Alerts

cooperative bank of ethiopiaThe Cooperative Bank of Oromia (CBO) secured 602 million Birr gross profit in the 2014/15 budget year, according to Capital.

Last Updated on 27 July 2015
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