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Cash Exchange Rate
18/05/2019
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CAD 19.3811 19.7687
EUR 32.1803 32.8239
GBP 35.1578 35.8610
USD 28.7119 29.2861

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Diasporas Mortgage Loan
PRIZE LINKED SAVING (PLS)
FCY ይጠቀሙ ይሸለሙ
8th round PLS

 

TOTAL NUMBER OF BRANCHES REACHED 1400 as of April 15 , 2019

CBE Launches Interest Free Mortgage Loan to Ethiopian Diasporas

The Commercial Bank of Ethiopia (CBE) has announced the commencement of Interest Free Mortgage Loan to non-resident Ethiopians and foreign nationals of Ethiopian origin.

The service is designed to cater to Ethiopian Diaspora Muslims and others who want interest free banking service.

CBE Establishes Sharia Advisory Committee to Promote Interest-free Banking

The Commercial Bank of Ethiopia has established a five-person Sharia Advisory Committee for its fast growing interest-free banking.
Accordingly, Dr. Jeylan Kedir will chair the committee while Sheik Mohammed Hamedin serves as vice chairman, and Associate Professor Nur Abdi, Dr. Mohammed Zeyn and Oustaz Awol Abdulwahab as members.

CBE Donates 500 Million Birr to “Beautifying Sheger”

Commercial Bank of Ethiopia donated 500 million birr to “Beautifying Sheger” project, which is designed to make Addis Ababa clean and green and enhance tourism. The bank’s Board of Directors decision to donate the 500 million birr follows the call of Prime Minister Dr. Abiy Ahmed for the Ethiopian people and big institutions to support the project.

Condolences

Expressing deep sorrow over the death of the former FDRE President H.E Dr. Negasso Gidada, Board of Directors, management and employees of the Commercial Bank of Ethiopia extend their heartfelt condolences to his family, relatives and the general public.

CBE’s Total Deposit Jumps over Half Trillion Birr

The total deposit of Commercial Bank of Ethiopia has reached 504 billion Birr.

This was disclosed during the bank’s nine-month performance evaluation session held from April 19 – 20, 2019 in Adama.
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District No. of Branches
Adama 81
Bahir Dar 90
Dessie 86
Dire Dawa 98
East Addis 109
Gonder 64
Hawassa 83
Jimma 79
Mekele 105
Nekemte 85
North Addis 115
Shashemene 88
South Addis 97
West Addis 128
Wolayita Sodo 85
Region No. of Branches
Addis Abeba 290
Afar 16
Amahara 244
Benishangul Gumuz 13
Dire Dawa 17
Gambela 4
Harar 7
Oromia 462
SNNP 186
Somali 35
Tigray 102