Commercial Bank of Ethiopia Headquarters, Gambia St, Addis Ababa, Ethiopia
Number of locations
1,948 (2023)
Key people
Abe Sano (President)
Products
Financial services
Revenue
163.2 billion birr[1] (2023)
Net income
Birr 10.32 billion (June 2018)
Total assets
1.3 trillion birr[2] (2023)
Number of employees
34,879 permanent
Website
www.combanketh.et
The Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia. As of June 2021, it had about 1.1 trillion birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. The bank has around more than 35,000 employees as of June 2022, who staff its headquarters and its over 1000+ branches positioned in the main cities and regional towns.[3] The latter include 120 branches in the national capital Addis Ababa. With the opening of a branch in the Gechi in the Illubabor Zone, CBE's banking network has reached online 783 branches. The bank has reached more than 1950 branches as of 10 August 2022.[4]
The bank also operates two branches in South Sudan. It is contemplating re-opening a branch in Djibouti, and opening branches in Dubai and Washington, DC, all to serve the Ethiopian diaspora.
The bank is pioneer to introduce modern banking to Ethiopia and credited for playing a catalytic role in the economic progress and development of the country. It is also the first bank in Ethiopia to introduce ATM service for local users.[5]
^"News: CBE stands tall with its deposit surpassing the one trillion birr mark". addisstandard.com. Addis Standard. Retrieved 17 August 2023.
^"News: CBE stands tall with its deposit surpassing the one trillion birr mark". addisstandard.com. Addis Standard. Retrieved 17 August 2023.
^"Commercial Bank of Ethiopia Profile 2014/15". Archived from the original on 31 December 2014. Retrieved 8 October 2016.
^"Commercial Bank of Ethiopia". Commercial Bank of Ethiopia. Archived from the original on 22 August 2018. Retrieved 22 August 2018.
^Electronic-Banking in Ethiopia- Practices, Opportunities and Challenges
and 25 Related for: Commercial Bank of Ethiopia information
The CommercialBankofEthiopia (CBE) is the largest commercialbank in Ethiopia. As of June 2021, it had about 1.1 trillion birr in assets and held approximately...
The CommercialBankofEthiopia Headquarters is a skyscraper in Addis Ababa, Ethiopia that was completed on 13 February 2022 and became the tallest building...
the CommercialBankofEthiopia (CBE) reported having glitching issues between 12 a.m. and 3 a.m. Customers were able to withdraw large amounts of cash...
banking sector ofEthiopia composed of the central bank, the National BankofEthiopia (NBE), which is state owned and sixteen private banks. By 2020, the...
Bank (Amharic: አዋሽ ኢተርናሽናል ባንክ) is a commercialbank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr...
operations are included and noted as defunct. A CommercialBankofEthiopia building in Addis Ababa. An Ethiopian Airlines Boeing 787 Dreamliner at Frankfurt...
Cooperative Bankof Oromia is a private commercialbank in Ethiopia. As per their last published Annual report (2021-22), the Cooperative Bank now has a...
capital of Amhara Region. 15 March – The CommercialBankofEthiopia (CBE) encounters a systematic glitch on its service involving withdrawal of large amount...
Enat Bank (Amharic: እናት ባንክ) is a private commercialbank in Ethiopia. Founded in 2008 by nine female business promotors, the bank envisaged to maximize...
International Bank Bunna International BankCommercialBankofEthiopia Cooperative Bankof Oromia Dashen Bank Debub Global Bank Development BankofEthiopia Enat...
One Bank South Sudan CommercialBankofEthiopia (South Sudan) Cooperative Bankof South Sudan Ecobank South Sudan Eden CommercialBank Equity Bank South...
using CommercialBankofEthiopia or in person in the compound premises. Inaugurated on October 10, 2019, it is part of the beautification project of Addis...
Financial Enterprises Agency in Ethiopia. The Development BankofEthiopia was the first development finance institution in Ethiopia and as such it was designed...
League, the top level of professional football in Ethiopia. The club was founded in 1982 (1975 E.C.) by the CommercialBankofEthiopia. In 2010, the club...
economy ofEthiopia is a mixed and transition economy with a large public sector. The government ofEthiopia is in the process of privatizing many of the...
the "Big-5" group of state owned corporations in Ethiopia, along with Ethiopian Airlines, the CommercialBankofEthiopia, Ethiopian Insurance Corporation...
branches of the CommercialBankofEthiopia. The Eritrean government formally chartered the CommercialBankof Eritrea in 1994. Banking in Eritrea Banks portal...
Global Information
