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CBE adjusts loan interest rate

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The financial giant Commercial Bank of Ethiopia (CBE) has adjusted its loan interest rate by at least 1.17 percent from the previous 8.63 percent,...

CBE, Green Agro link up to ease transactions

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Commercial Bank of Ethiopia signed an agreement with Green Agro Solution PLC to work together on the financial transaction of ‘Lersha’ an application developed...

CBE, Solget Travel agree to launch electronic flight ticketing

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Commercial Bank of Ethiopia (CBE) and Solget Travel Agent have signed an agreement to jointly start Electronic Airline Ticket. The new system to be launched...

Poor performance led CBE to massive reshuffling

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Massive senior management reshuffle and structural change has been done at the financial giant Commercial Bank of Ethiopia (CBE) following its poor performance in...

CBE donates 10 million birr

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The state financial giant, Commercial Bank of Ethiopia, has donated 10 million birr for the Ministry of Health for the fight against corona virus. ...

CBE cruises past the liquidity crunch

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The financial giant, Commercial Bank of Ethiopia (CBE), announced that the liquidity problem that was severe few weeks ago has now been solved. In the...

ET, CBE launch co-branded platinum card

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The two oldest and largest institutions in the country, Commercial Bank of Ethiopia (CBE) and Ethiopian Airline group have launched Co-Branded platinum Card last...

CBE opens interest free branch

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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

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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

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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...
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