The Commercial Bank of Ethiopia (CBE) has been playing a conspicuous role in economic development of the country for 68 years now.
Today, more than ever before, the CBE has aggressively expanded its presence in all directions of the country.
Despite the flourishing of private commercial banks, the CBE has remained in the lead in terms of assets, deposits, capital, customer base and branch network.
Currently, it has 294 branches, spanning the entire breadth and width of the country. As on June 30th 2010, total deposits stood at birr 56.1 billion while total asset and capital of the bank reached birr 73.7 billion and 5.5 billion respectively
About CBE
- The leading bank in Ethiopia, established in 1942.
- Pioneer to introduce modern banking to the country.
- It has 221 branches stretched across the country.
- A leading African bank with assets of Birr 72 billion at the end March 2010.
- Plays a catalytic role in the economic progress & development of the country.
- The first bank in Ethiopia to introduce ATM service for local users.
- Currently CBE has about 2 million Account holders.
- It has strong correspondent relationship more than 50 renowned foreign banks and a SWIFT bilateral arrangement with 500 others.
- CBE combines a wide capital base with more than 9,000 talented and committed employees.
- Pioneer to introduce Western Union Money Transfer Services in Ethiopia.CBE has reliable and long-standing relationships with many internationally acclaimed Banks throughout the world.
V I S I O N
TO BECOME A WORLD CLASS COMMERCIAL BANK BY THE YEAR 2025.
