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Cash Exchange Rate
16/07/2019
Buying Selling
CAD 20.1204 20.5228
EUR 32.6646 33.3179
GBP 34.7170 35.4113
USD 28.9734 29.5529

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

 

TOTAL NUMBER OF BRANCHES REACHED 1456 as of June 30 , 2019

CBE Launches Saving account for Hajj, Umrah Pilgrims

Commercial Bank of Ethiopia has launched special saving account meant to Haji and Umrah pilgrims for expenses to perform the Islamic rituals Hajj and/or Umrah. The commencement of the service would enable the customer to deposit a certain amount of money as per the scheduled time set by the bank for the Pilgrimage travel. CBE IFB Vice President Ato Nuri Hussein said the service dubbed “Labbaik Saving Account” is guided and operated based on Interest Free Banking procedure especially prepared for pilgrimage travelers to Mecca.

CBE, Agency Sign MoU

Commercial Bank of Ethiopia and Addis Ababa City Traffic Management Agency signed Memorandum of Understanding (MoU) to facilitate payment of traffic fines through CBE.

CBE Banking Service V/president Ato Dereje Fufa said on the occasion that the agreement would benefit both service providing institutions and their customers as it improves the service delivery and the implementation of modern payment system.

Condolences

The Board of Directors, Management and Employees of the Commercial Bank of Ethiopia strongly condemn the brutal killings of General Saere Mekonnen, Chief of Staff of the National Defense Forces, Major General Gezai Abera, His Excellency Dr. Ambachew Mekonnen, president of Amhara Regional State, and his colleagues Megbaru Kebede and Ezez Wase. On this moment of grief the Commercial Bank of Ethiopia wishes to express the deepest condolences to all families and friends of the deceased and Ethiopians.

CBE Funded Health Station Inaugurated

A health station funded by the Commercial Bank of Ethiopia at Fidei Kebele of Southern Nations Nationalities and Peoples State was inaugurated on May 23, 2019.
Speaking at the inauguration ceremony, CBE CEO and President, Ato Bacha Gina said the health station was built with over nine million birr in line with the agreement made with Ministry of Health.

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.
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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