The state-owned Commercial Bank of Ethiopia (CBE) announced it has collected $2.4 billion in remittances from Ethiopians in… ...

Addis Ababa November 5/2024 (ENA) The government’s recent approval to settle the outstanding debt of the Commercial Bank of Ethiopia (CBE) is expected to reinforce the bank’s financial foundation.

Since the introduction of new macroeconomic reforms in late July 2024, less than one-third of the $282 million in foreign currency allocated by the Commercial Bank of Ethiopia (CBE) to importers has ...

As the head coach of Commercial Bank of Ethiopia (CBE), Heye Gizaw Birhanu has led his team to a historic triumph in the CAF Women's Champions League CECAFA qualifiers. This year, CBE emerged ...

(MENAFN- Daily News Egypt) The Central bank of Egypt (CBE) conducted a training programme for calibres from the Central Bank of Djibouti (CBD) covering the latest operational systems employed in ...

It will raise the funds via 10-year government bonds, according to a proclamation sent to parliament on Tuesday. Around 846 billion birr of the proceeds will be used to repay loans issued by ...

The Shire Endaslassie branch of the Commercial Bank of Ethiopia reported the purchase of 13.4 quintals of gold from legal gold dealers over the past three months. The bank’s branch manager, Mr. Tekie ...

By October 12, 2024, the average selling rate had soared to 125 birr per dollar, with a spread of more than 10 birr. After the NBE announced the spread cap, the Commercial Bank of Ethiopia adjusted ...

(MENAFN- Daily News Egypt) The industrial sector accounted for 57% of the banking sector's loans, amounting to about EGP 6.8tn in March 2024, according to the Central bank of Egypt (CBE).

Victoria Kwakwa and Vice President of the World Bank for IDA Akihiko Nishio reaffirmed the commitment of the bank to supporting Ethiopia’s efforts to lay the groundwork for an inclusive economic ...