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CBE Exceeds Deposit Plan for Last Fiscal Year by 25 Percent

Posted by biniam on 04 September 2018 16:33
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The Commercial Bank of Ethiopia has mobilized 87 billion birr deposit during the concluded 2017/18 fiscal year, thus exceeding the plan for the year by 25 percent.
As a result, the deposit position of CBE has reached 451.8 billion birr from the 364.8 billion birr in the preceding year.
This was disclosed at the three-day annual conference held from August 23 to 25, 2018 at the AU Conference Hall.

Lady Wins Minibus for Exchanging One Saudi Riyal at CBE

Posted by yonas on 30 August 2018 14:49
A lady who exchanged one UAE Dirham at the Commercial Bank of Ethiopia has won the top prize for the 13th Foreign Exchange Promotion Programme.
The winner exchanged the currency at Burayu Branch of North Addis Ababa District of CBE.

Ethiopian Diaspora Trust Fund Account Active Now

Posted by host on 25 July 2018 15:39
The government of Ethiopia has opened “Ethiopian Diaspora Trust Fund” account with the Commercial Bank of Ethiopia.
The Ethiopian Diaspora Trust Fund account is: 1000255726725.

Purchase of Foreign Currencies at CBE Growing by Leaps and Bounds

Posted by host on 25 July 2018 15:05
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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.

Bacha Gina Named President of CBE

Posted by Mohamed on 19 July 2018 16:54
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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.
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