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Thursday, October 17, 2019
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CBE opens interest free branch

The Commercial Bank of Ethiopia (CBE) has opened its first dedicated interest free banking branch around Bole Michael. The branch which is named “Bilal”...

Inside Job

First suspects appear in court after 300 million birr bank heist Ringleader evades capture Twenty-three people have been arrested for stealing over 300 million...

CBE profits 17.9 billion birr

Commercial Bank of Ethiopia (CBE) has reversed course and is back in the black. During the 2018/19 fiscal year, the bank’s gross profits were...

Utilities can be paid at Commercial Bank of Ethiopia

The Commercial Bank of Ethiopia (CBE) plans to takeover utility fee collections for the government. The Ministry of Innovation & Technology (MoIT) is to terminate...

Simpler water payments

The Commercial Bank of Ethiopia (CBE) and the Addis Ababa Water and Sewerage Authority (AAWSA) agreed to collect water bills for its 550 thousand...

CBE half year profit way below target

The state owned Commercial Bank of Ethiopia targeted to earn 8.8 billion birr profit by the middle of this fiscal year. However, they are...
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