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Ethio Telecom, CBE Ready to Provide Expeditious Services for AU Summit Guests

2025-02-09 by EthioStockMarket.com Reporter

Ethio Telecom and the Commercial Bank of Ethiopia (CBE) have expressed their readiness to provide expeditious services for guests coming to attend the 38th African Union Summit. The 38th African Union …

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Gov’t extends service period for T-bills, bonds as domestic debt pressure mounts

2025-02-01 by EthioStockMarket.com Reporter

The banking industry holds around 45 percent of the total T-bill stock, which made up nearly 32 percent of total government debt at the end of 2023/24. The state-owned CBE holds double the amount held …

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Revolutionizing Ethiopian banking: an innovative strategy for managing liquidity, credit risk

2025-01-25 by EthioStockMarket.com Reporter

Amaha Tefera (PhD) is a unit manager at a branch of the Commercial Bank of Ethiopia (CBE) and a master’s level college lecturer. In 2018, he earned a Doctor …

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Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

2025-01-11 by EthioStockMarket.com Reporter

The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion Birr, the bank’s President, Abe Sano disclosed. The President explained that the macroeconomic reforms of the country …

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CBE Transacts 5.3 Trillion Birr through Digital Channels in Last Six Months

2025-01-08 by EthioStockMarket.com Reporter

The Commercial Bank of Ethiopia (CBE) has announced that it has transacted 5.3 trillion Birr through its digital services in the first half of the current fiscal year. The bank reported that 79 …

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Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

2025-01-07 by EthioStockMarket.com Reporter

The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion Birr, the bank’s President, Abe Sano disclosed. The President explained that the macroeconomic reforms of the country …

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Ethiopia: World Bank’s $700 Million Loan Targets CBE Restructuring, Financial Overhaul of Nbe and Dbe

2025-01-06 by EthioStockMarket.com Reporter

The World Bank has approved a $700 million loan to strengthen the stability of Ethiopia’s financial sector, with a particular focus on supporting balance sheet restructuring and the recapitalization …

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Ethiopia: World Bank’s $700 Million Loan Targets CBE Restructuring, Financial Overhaul of Nbe and Dbe

2025-01-04 by EthioStockMarket.com Reporter

The World Bank has approved a $700 million loan to strengthen the stability of Ethiopia’s financial sector, with a particular focus on supporting balance sheet restructuring and the recapitalization …

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Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

2025-01-02 by EthioStockMarket.com Reporter

The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion Birr, the bank’s President, Abe Sano disclosed. The President explained that the macroeconomic reforms of the country …

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Ethiopia eyes $700mln World Bank loan in a financial sector reform plan

2025-01-02 by EthioStockMarket.com Reporter

The National … of Ethiopia (DBE) will undertake,” NBE says.“The restructuring aims to reduce CBE’s exposure to non-performing state-owned enterprise assets by transferring the stock of loans owed by …

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Ethiopia eyes $700mln World Bank loan in a financial sector reform plan

2025-01-01 by EthioStockMarket.com Reporter

“The restructuring aims to reduce CBE’s exposure to non-performing state-owned enterprise assets by transferring the stock of loans owed by the Liability and Asset Management Company (LAMC) and …

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Ethiopia eyes $700mln World Bank loan in a financial sector reform plan

2024-12-31 by EthioStockMarket.com Reporter

The funds will also support the recapitalization of CBE and the various reform activities that each of the implementing agencies — NBE, CBE and Development Bank of Ethiopia (DBE) will undertake,” NBE …

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CBE launches new service allowing instant global money transfers to Egypt

2024-12-31 by EthioStockMarket.com Reporter

The Central Bank of Egypt (CBE) launched a new service on Monday that allows instant money transfers from anywhere in the world to Egypt.

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Commercial Bank of Ethiopia’s Total Assets Reach Birr 1.9 Trillion Amid Reforms

2024-12-30 by EthioStockMarket.com Reporter

The Commercial Bank of Ethiopia (CBE) revealed that its total assets reached Birr 1.9 trillion. The bank’s President, Abe Sano, attributed this achievement to the macroeconomic reforms implemented …

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Commercial Bank of Ethiopia Bolsters Capacity Ahead of Foreign Bank Entry

2024-12-30 by EthioStockMarket.com Reporter

The Commercial Bank of Ethiopia (CBE) is gearing up for a more competitive banking landscape as Ethiopia prepares to welcome foreign banks, Bank’s President Abe Sano said. The recent enactment of the …

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Banks’ T-bill stocks hit ETB 110bln

2024-12-28 by EthioStockMarket.com Reporter

Parliament recently approved the issuance of 845 billion birr in 10-year government securities to write off all Commercial Bank of Ethiopia (CBE) claims on the Liability Asset Management Corporation …

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Ethiopia: World Bank’s $700 Million Loan Targets CBE Restructuring, Financial Overhaul of Nbe and Dbe

2024-12-23 by EthioStockMarket.com Reporter

The World Bank has approved a $700 million loan to strengthen the stability of Ethiopia’s financial sector, with a particular focus on supporting balance sheet restructuring and the recapitalization …

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Ethiopia: CBE Champions Health, Community Through Entoto Park Run

2024-12-22 by EthioStockMarket.com Reporter

The state-owned Commercial Bank of Ethiopia (CBE) reaffirmed its commitment to fostering a healthier society by supporting sports activities alongside its contributions to the nation’s social and …

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Ethiopia: CBE and Ministry of Innovation Ink Deal to Digitize Federal Payment Systems

2024-12-21 by EthioStockMarket.com Reporter

The Commercial Bank of Ethiopia (CBE) and the Ministry of Innovation and Technology have signed an agreement to digitize payment collections for federal agencies.

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