Friday, January 27, 2023

Tag: CBE

New strategy quadruples CBE’s private sector loan share

CBE eyes two trillion birr in assets The Commercial Bank of Ethiopia (CBE) introduced a new strategy to increase the share of the private...

Ethio-sudan clash forces CBE suspend branch in Khartoum

The Commercial Bank of Ethiopia (CBE) suspended its plans to open a new branch in Khartoum, following border clashes between Sudan and Ethiopia. The...

CBE sets new eviction deadline for Edna Mall tenants

The Commercial Bank of Ethiopia (CBE) notified the tenants of Edna Malla new deadline for eviction. The bank’s letter dated December 7, 2021 notified tenants to evacuate within a month’s time.

State Bank lifts suspension placed on employees

The Commercial Bank of Ethiopia (CBE) lifted the suspension placed over some of its employees. The decision was made by the Board of the state giant, chaired by Tekelewold Atnafu, former governor of the National Bank of Ethiopia, after reaching consensus with the management under the leadership of Abie Sano, President of CBE.

ATM card delay frustrates CBE customers

Customers of Commercial bank of Ethiopia (CBE) criticized the bank for its failure to deliver Automatic Teller Machine (ATM) cards after several months of waiting. 


Can further devaluation clear market distortion?

Last week, prior to traveling to the United States...

Spike in local sesame price infuriates exporters

A quintal of sesame now costs 11,000 birr The...

US demands human right investigation to reinstate AGOA privilege

The US urged the Ethiopian government to permit international...

Liquidity shortage returns, new loan applications halt

Banks have been compelled to halt considering new loan...