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CBE

ECX Warehouse Receipt Finance

Ethiopia Commodity Exchange partners with Commercial Bank of Ethiopia and IFC to launch Warehouse Receipt Financing for maize

January 31, 2020 Semonegna 1

ADDIS ABABA (ECX) – The Ethiopia Commodity Exchange (ECX) recently announced a partnership with the Commercial Bank of Ethiopia (CBE) and the International Finance Corporation […]

CBE Launches Saving account for Hajj and Umrah pilgrims

Commercial Bank of Ethiopia launches saving account service for Hajj, Umrah pilgrims

July 28, 2019 Semonegna 0

ADDIS ABABA (CBE) – The Commercial Bank of Ethiopia (CBE) has launched special saving account meant to Hajj and Umrah pilgrims for expenses to perform […]

CBE launches its first international mobile money transfer service to Ethiopia with WorldRemit

January 16, 2019 Semonegna 0

WorldRemit, with which the Commercial Bank of Ethiopia has collaborated, is a leading digital money transfer service that makes sending money as easy as sending an […]

CBE’s deposit exceeded 25pct beyond the plan for the fiscal year

September 29, 2018 Semonegna 0

Commercial Bank of Ethiopia’s deposits have reached almost 452 billion birr from the 364.8 billion birr in the preceding fiscal year. ADDIS ABABA (CBE) The Commercial […]

Ethiopia Announces Diaspora Trust Fund Bank Account

July 20, 2018 Semonegna 0

ADDIS ABABA (Semonegna)–The Government of Ethiopia has announced the bank account of the Ethiopian Diaspora Trust Fund (DTF) on July 18, 2018. DTF is a recent […]

CBE gets Bacha Gina as president, names branches after former presidents

July 18, 2018 Semonegna 0

ADDIS ABABA (CBE)–The Public Financial Enterprises Agency has appointed Bacha Gina as the new president of the Commercial Bank of Ethiopia, replacing Bekalu Zeleke who had […]

Commercial Bank of Ethiopia launches mobile money platform: CBE Birr

March 21, 2018 Semonegna 0

Customers may no longer need to travel long distances to visit CBE branch as they can get the service from the nearest CBE agents through […]

Commercial Bank of Ethiopia Expanding ATM Network with New NCR ATMs

August 9, 2017 Semonegna 0

ADDIS ABABA, Ethiopia–NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding […]

About 972 of 40/60 Condominium Houses Transferred to Beneficiaries

July 8, 2017 Semonegna 2

ADDIS ABABA (FBC)–Addis Ababa City Administration’s Housing Development and Administration Agency today transferred a total of 972 condominium houses built under the 40/60 housing program to […]

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