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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.

CBE Holds Anniversary Panel Discussion

Posted by biniam on 26 June 2018 17:02
As part of the bank’s 75th 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.

CBE Names Branches after Former Presidents

Posted by biniam on 22 June 2018 16:29
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The Commercial Bank of Ethiopia has named two of its branches after former CBE presidents. Accordingly, a new branch situated around Ayer Tena was named after Alemu Abera, President of the bank from 1980 – 1992. Similarly, the newly opened branch around Tewdros Square was also named after Tilahun Abay, president of the bank from 1992 – 2002.

Winners of Foreign Exchange Promotion Program Announced

Posted by biniam on 21 May 2018 18:21
Winners of the 12th round foreign exchange promotion program were announced on May 18, 2017. Executives of CBE, officials of the National Lottery Administration and invited guests attended the ceremony held at the National Lottery. A minibus, 16 television sets and 32 smart mobile phones were distributed to the winner customers.

CBE Reviews Nine-Month Performance

Posted by biniam on 21 May 2018 16:18
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.
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