Winners of the 13^th Round Foreign Exchange Promotion Program were announced on August 7, 2018 at a special event held at the National Lottery Administration Hall.
 
Accordingly, the top prize, a minibus, went to a customer from Burayu Branch of North Addis Ababa District. The customer received the coupon while exchanging just one UAE Dirham note at her possession.

The Commercial Bank of Ethiopia (CBE) has been exchanging unparalleled amount of foreign currencies following the call of Prime Minster Dr. Abiy Ahmed on citizens to convert hard currencies at banks.

CBE Vice President Yishak Mengesha said the average foreign currencies converted into birr by citizens have shown an average of tenfold growth during the last seven days.

The Public Financial Enterprises Agency has appointed Mr. Bacha Gina as the new President of the Commercial Bank of Ethiopia, replacing Mr. Bekalu Zeleke who led the bank for close to ten years as President.

Before joining CBE, Mr. Bacha had served the Cooperative Bank of Oromia and Awash International Bank as Vice President – Credit Management and Chief Finance and Support Services Officer, respectively.

As part of the bank’s 75^th anniversary celebration, CBE held panel discussion at Zagwe Hall on Thursday, June 21, 2018.
Researchers from Wolayta Sodo, Mekelle, Civil Service universities as well as Mekelle Institute of Technology presented papers dealing with the financial sector of Ethiopia.