Commercial Bank of Ethiopia, CBE


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The Commercial Bank of Ethiopia (CBE) has been playing a conspicuous role in economic development of the country for 70 years now.

Today, more than ever before, the CBE has aggressively expanded its presence in all directions of the country.

Despite the flourishing of private commercial banks, the CBE has remained in the lead in terms of assets, deposits, capital, customer base and branch network.

Currently, it has 530 branches, spanning the entire breadth and width of the country. As on June 30^th 2011, total deposits stood at birr 86.5 billion while total asset and capital of the bank reached birr 114 billion and 6 billion respectively.

Exchange rate table
May 17, 2012 @10:36 am +3 GMT
	Cash		Transact
Currency	Buying	Selling	Buying	Selling
USD	17.5515	17.9025	17.5515	17.9025
GBP	28.0280	28.5886	28.0280	28.5886
EUR	22.3220	22.7684	22.3220	22.7684
CHF	18.5750	18.9465	18.5750	18.9279
SEK	2.4365	2.4852	2.4365	2.4828
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CBE is proud to announce
the opening of the following branches:
22 Mazoryia(501^st)-East Addis
Emdberr(502^nd)-Wolaita Sodo
Hidase Gideb(503^rd)-Nekemet
Sanekura(504^th)-West Addis
Abderafi(505^th)-Gonder
Gumer(506^th)-Wolaita
Adago(507^th)-Dessie
Gebreal Sefer(508^th)-Hawassa
Gindo(509^th)-west Addis
Koka(510^th)-Shashemene
Dinsho(511^st)-Shashemene
Kamba(512^nd)-Wolaita
Meari(513^rd)-East Addis
Bombay(514^th)-Wolaita
Maksgnet(515^th)-Gonder
Leka(516^th)-Nekemte
Banbabi(517^th)- Nekemte
Ardalibne(518^th)-Wolaita
Genji(519^th)-Nekemte
Nole(520^th)-Nekemte
Ayera(521^st)-Nekemte
Wayu(522^nd)-Nekemte
Seladengay(523^rd)-East Addis
Chefe Donsa(524^th)-West Addis
Ehele Depo(525^th)-West Addis
Mexico(526^th)-West Addis
Boreda(527^th)-Dire Dawa
Arsi Serie(528^th)-North Addis
Ogolcha(529^th)-Adama
Hnchulichi(530^th)-Hawassa

CBE goes live with core banking solutions:ADDIS ABABA, May 4, 2012-The Commercial Bank of Ethiopia CBE on April 30, 2012 successfully went live with the core banking solutions in major head office organs and 34 branches in Addis Ababa., May 03, 2012

CBE donates half million birr to Hamlin Fistula Ethiopia:ADDIS ABABA, April 27, 2012-The Commercial Bank of Ethiopia on April 26, 2012 donated 500,000 birr to Hamlin Fistula Ethiopia, April 30, 2012

CBE once again becomes GER title sponsor:ADDIS ABABA, April 23, 2012-The Commercial Bank of Ethiopia CBE has once again become title sponsor of Great Ethiopian Run GER, the biggest road race in Africa., April 23, 2012