The Commercial Bank of Ethiopia has reviewed its nine months performance for the fiscal year 2017/18 at Bahir Dar. The bank has mobilized 71.5 billion birr and disbursed 63.7 billion birr fresh loan during the stated period. To provide access to customers, the bank also opened 40 new branches in various parts of the country. Following the opening of the new branches and the implementation of other initiatives as stipulated in the bank’s deposit mobilization strategy, more than 2.1 million customers were recruited during the past 9 months.

Commercial Bank of Ethiopia (CBE) officially launched its mobile money services dubbed CBE Birr on December 11, 2017 after successfully testing its functionality for six months.
CBE Birr is a mobile based banking whereby the bank selects, trains and authorizes agents to provide banking services on behalf of the bank through a mobile phone. It is deployed as a means of extending financial services to  the unbanked segment of the public.

The Commercial Bank of Ethiopia (CBE) inaugurated the first ever Customer Contact Centre in Ethiopia’s financial industry on Saturday, February 10, 2018.
Speaking on the occasion, CBE President Ato Bekalu Zeleke said the centre is of world class standard equipped with technology that helps achieve service excellence.

The Commercial Bank of Ethiopia (CBE) has announced a general positive assessment of its banking operations in the first six months of 2017/18.
The bank maintained commendable performance in deposit mobilization, loan collection and disbursement, implementing and expanding modern banking according to the bank’s president, Bekalu Zeleke. The remark was made during the half-year performance evaluation of CBE held recently at Hawassa, the regional capital of Southern Nations, Nationalities, and People’s State.