The Commercial Bank of Ethiopia has inaugurated the second full-fledged Interest-free banking branch dubbed “Mecca Branch” in Addis Ababa on October  9, 2019.
A deposit of over 50 million birr was made during the inauguration ceremony.
CBE President and CEO, Ato Bacha Gina said on the occasion that the bank had assigned ulemas who advise the bank on the implementation of the Interest-free banking.

The Commercial Bank of Ethiopia has inaugurated today the first ever branch in the country that only serves the Ethiopian Diaspora.
Ato Bacha Gina, President and CEO of the Commercial Bank of Ethiopia, and Ethiopian Diaspora Agency Director-General Woizero Selamawit Dawit inaugurated the branch.  
Speaking at the inauguration ceremony, Ato Bacha said the opening of the branch is a manifestation of the commitment of the bank to fully serve the Ethiopian Diaspora and meet their demands.

The Commercial Bank of Ethiopia has inaugurated the first full-fledged Interest-free banking branch dubbed “Billal Branch” in Addis Ababa on September 7, 2019.
CBE President and CEO Ato Bacha Gina said during the occasion, “I would like to assure you the opening of this special branch, the first full-fledged Interest-free banking branch, is a good testimony that CBE is always committed to meeting its customers’ needs.”

The Commercial Bank of Ethiopia (CBE) has earned a gross profit of 17.9 billion birr in the 2018/19 budget year.
This was disclosed at the annual performance evaluation meeting of the bank held from August 16-17, 2019 at Africa Union Hall.
President and CEO of CBE, Ato Bacha Gina said on the occasion the bank has mostly exceeded the financial goals it set for the fiscal year.
He explained that the gross profit earned is much higher than last year’s 10.9 billion birr.
The bank’s total asset has also reached 712 billion birr, registering 145 billion birr increase in just a year, Ato Bacha added. .