Banking Made Easy 24/7 ACCESS, ANYWHERE! A campaign to prevent malaria has begun in Gambella. In a lamentation letter addressed to the staff, the President of the Bank, Abie Sano, stated that he has never reported such a result in his career as a banker and he lacks words to describe it. : Recently the Commercial Bank of Ethiopia has published an employment announcement regarding the currently vacant position on Vice President- Human Resource Management, and Bank Trainee fields. The bank has around 22,908 employees, who staff its headquarters and its over 1000+ branches positioned in the main cities and regional towns. Adani Gas Ltd. 292.30 47.6. The Commercial Bank of Ethiopia (CBE) registered a net profit of 14 billion birr, achieving only 64 percent of its plan for the fiscal year 2019/2020. Commercial Bank demonstrates world-class expertise in the spheres of retail and corporate banking as well in securitised instruments. We have detected that you are using an outdated browser. Banks Cease Local Money Transfer Services Without any formal communication and direction, commercial banks have entirely stopped local money transfer services following the ongoing currency demonetisation. The President and CEO further noted that the old version core banking system had been in use since May 2012. NSE Gainer-Large Cap . It is the largest of the private banks in Ethiopia. Prior to this proclamation, the Bank used to carry out dual activities, i.e. P.O.Box: 5550 Tel: +251 115 517 … According to BBC Amharic service, clients can not withdraw more than 2000 Ethiopian birr in most branches in the region. CBE President and CEO, Ato Abie Sano, in his briefing to the Media group said that the new system would enable the bank to enhance its reputation and operational excellence by providing more effective services to its customers. United Bank received offers nine times the firm's par value, pulling in the highest bid of 1,027 Br a share in the latest auction held by the Bank. Home. A person who wants to transfer money has to open a bank … The Commercial Bank of Ethiopia (CBE) registered a net profit of 14 billion birr, achieving only 64 percent of its plan for the fiscal year 2019/2020. Recent executive movements at Commercial Bank of Ethiopia. Ethio.News - Latest Ethiopian News Make a post. The Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia. Banking Made Easy 24/7 ACCESS, ANYWHERE! Commercial Bank Launches Interest Free Mortgage Loan for Ethiopians in Diaspora 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 bank has about 9, 000 employees who staff the headquarters and 301 branches positioned in the main cities and … The Commercial Bank of Ethiopia (CBE) announced a 31.8 billion birr in revenue in the first half of this Ethiopian fiscal year (2019/20). 5Y Return. Commercial Bank demonstrates world-class expertise in the spheres of retail and corporate banking as well in securitised instruments. Commercial Bank of Ethiopia News and Updates from The Economictimes.com. Search. Bacha Gina, Chief Executive Officer and President, has left the company (news posted on March 24 2020). Recent Most Voted; Most Viewed; Most Discussed; Recent; Featured; Random; Most Shared; 455 0. While buying shares, the shareholders have to deposit 25pc of the total value they bought and pay the balance within a year after the bank becomes operational. A week-long mobilization program to prevent malaria in Gambella State has started in Gambella today. November 12, 2020 . La Commercial Bank of Ethiopia est l'une des deux banques d'État éthiopiennes, avec la National Bank of Ethiopia. As well, you may get Ethiopia News by following us on twitter @zborkena. Despite having nearly 20 commercial banks, the state-owned Commercial Bank of Ethiopia (CBE) covers almost 60 percent of the country’s banking activities. Ato Abie further stated that the latest core banking solution ensures delivering complete suite of banking business solutions, allowing CBE to quickly put in use the features needed within minimal time, risk, effort and cost. In a lamentation letter addressed to the staff, the President of the Bank, Abie Sano, stated that he has never reported such a result in his career as a banker and he lacks words to describe it. Son siège, situé sur Churchill Road à Addis-Abeba et inauguré en 1965, est l'œuvre du français Henri Chomette, alors architecte en chef de la capitale éthiopienne. Dashen Banks follows with 1.16 billion birr. The Commercial Bank of Ethiopia (CBE) reviewed the 2014/2015 budget year nine months performance during the three days meeting held at Bahir Dar from April 23 to 25, 2015. Ethiopia News Now. QATAR: Qatar Stock Exchange rolls out Q-Disclosure for efficient retrieval and analysis of financial information United offered 1,659 shares, which sold during the auction at the headquarters of the Bank on March 4, 2019. commercial banking and central banking. Therefore, interested Bank job seekers must apply before the closing date. CBE Launches First-Ever Cash Deposit Machine in Ethiopia. Website of the National Bank of Ethiopia; See also List of banks in Africa; National Bank of Ethiopia; References In the absence of a central bank account for the commercial banks, CBE’s Addis Abeba Branch Box 12947 Addis Ababa, Ethiopia Tel: +251-11-551-4130 Fax: +251-11-551-0409 Email: info@bankofabyssinia.com Berhan International Bank S.C. P.O. Nifty 12,874.20 93.95. 190K likes. GERD; Media; Politics; Home. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. “The system upgrading was initiated due to the fact that the old version could not cope up with the increasing volume of transaction as well as with the development and expansion of the bank,” said Ato Abie noting that it is another important milestone in the long-term digital transformation strategy of the Bank. A deposit of over 50 million birr was made during the inauguration ceremony. Commercial Bank of Ethiopia, Addis Ababa, Ethiopia. Local News. The current budget year (July 08, 2019 – July 07, 2020 / ሐምሌ 1፡2011 – ሰኔ 30፡2012), has recently been closed. EthiopiaCommercial Bank of Ethiopia headquarters, tallest building in East Africa, sets new construction standard in Ethiopia All rights reserved, ባንኩ ከ24 ሚሊዮን በላይ ደንበኞችና ከ62 ሺ በላይ ሰራተኞች ያሉት አንጋፋና ሰፊ ተደራሽነት ያለው ባንክ መሆኑን የገለፁት አቶ አቤ፣ እንደ ሀገር የሚደረገውን ጥረት በፋይናንስ ከመደገፍ በተጨማሪ በባንኩ ከ1,560 በላይ ቅርንጫፎች ለሚስተናገዱ ደንበኞች የተሟላ አገልግሎት ማግኘት እንዲችሉ ሳሙና፤ ውሃ፤ ሳኒታይዘርና ሌሎች የጽዳት መጠበቂያ ቁሳቁሶችን ከዛሬ ጀምሮ በተሟላ ሁኔታ በማቅረብ ተገቢውን አገልግሎት በመስጠት ላይ እንደሆነም አቶ አቤ ገልፀዋል፡፡. The Commercial Bank of Ethiopia (CBE) is to construct a 42-story building for its headquarters in Addis Ababa. [Oct 2020] Commercial Bank of Ethiopia (CBE) Half-Year Report Latest Ethiopian News | AddisBiz.com Ethiopian Business Directory and Product Catalog commercial banking and central banking. The shares have a par value of 100 Br. Local News. CBE has always been committed towards the initiative and had been participating actively in the course of planting tree seedlings in the previous years, Ato Abie noted. External links. Recent Most Voted; Most Viewed; Most Discussed; Recent; Featured; Random; Most Shared; 455 0. Latest News; Ethiopia: Scores of civilians were killed in massacre. System Development & Customization | Commercial Bank of Ethiopia About us. Daily News from Ethiopia Home; News; Business; Science & Health; Art & Culture; Africa; Opinion. Contact us ; Call us|Toll free 951 ; Commercial Bank of Ethiopia Gambia … Ethio.News - Latest Ethiopian News Make a post. The leading bank in Ethiopia, established in 1942. Commercial Bank, is the largest private bank in Sri Lanka and known as the benchmark private sector bank in the country . Home. Commercial Bank of Ethiopia cb e vacancy (CBE) is the largest commercial bank in Ethiopia As of June 2015, it had about 303.6 billion Birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. Incorporated in 1963, Commercial Bank of Ethiopia (CBE) is one of the leading banks in Ethiopia. Yasmin Wohabrebbi has joined the company as Director (news posted on October 27 2020). During the past seventy plus years, Ethiopian has become one of the continent’s leading carriers, unrivalled in Africa for efficiency and operational success, turning profits for almost all the years of its existence. Prior to this proclamation, the Bank used to carry out dual activities, i.e. UN Secretary-General Antonio Guterres has called for a united front with the world’s poorest people during… Health. About Commercial Bank of Ethiopia Headquartered in Addis Ababa, Ethiopia, the state-owned CBE introduced modern banking to Ethiopia, playing a crucial role in the country’s economic progress and development. Share on Facebook. CBE Vacancy 2020 Bank Trainee Commercial Bank of Ethiopia How to Apply? One of the fundamental values in banking is trust. Commercial Bank of Ethiopia. Commercial Bank of Ethiopia (Ethiopian) is the flag carrier of Ethiopia. Solidity and integrity are as much a part of trust as transparency and proximity to the customer. Commercial Bank of Ethiopia. FEATURED FUNDS ★★★★★ SBI Small Cap Fund Direct-Growth. It has also opened accounts at the Commercial Bank of Ethiopia, Awash International Bank, Cooperative Bank of Oromia and Oromia International Bank, where interested buyers can deposit their purchase amounts. Box 387 code 1110 Tel + 251- 11- 618- 57 32 Commercial Bank of Ethiopia (CBE) P.O. Donated to the Ministry of Health, the money will be used for the procurement of sanitizer, soap, face masks, gloves and other medical equipment to be used at the quarantine centres to treat people who have acquired the virus, … Ethiopian athlete Amdework Walelign finished third with a time of 59 minutes 08 seconds at the… Sports. The shareholders … Addis Ababa, Ethiopia – The Commercial Bank of Ethiopia (CBE) has signed an agreement with the… Ethio Soccer Sport. In the World Half Marathon Championships held in Gdynia, Poland, the Ethiopian athlete finished third in… Sports. The system will also result in a significant cost efficiencies enabling CBE to offer more accessible and lower cost financial services to the public and promote financial inclusion, ባንኩ ያደረገው የገንዘብ ድጋፍ በሀገር አቀፍ ደረጃ ወረርሽኙን ለመከላለከል ለተዘጋጁት የለይቶ ማከሚያ ማዕከሎች የተጓደሉ የህከምና መሣርያዎችን ለማሟላት፣ ለንጽህና መጠበቂያ ሳሙናዎች፤ የእጅ ጓንቶች፤ የፊት መሸፈኛ ጭንብሎች፤ ሳኒታይዘሮችና ለሌሎች ግብአቶች ማሟያ የሚውል ነው፡፡, በኢትዮጵያ በበሽታው የተያዙ ሰዎች መኖራቸውን የጤና ሚኒስቴር መጋቢት 4 ቀን 2012 ዓ.ም መግለፁ ይታወሳል፡፡ በሽታው መጨባበጥን ጨምሮ በንክኪና በትንፋሽ ከሰው ወደ ሰው የሚተላለፍ በመሆኑ በሽታውን የመከላከልና የመቆጣጠር ሥራውን በትብብር መስራትና ድጋፍ ማድረግ ጊዜ የማይሰጠው ጉዳይ እንደሆነ ነው የኢትዮጵያ ንግድ ባንክ ፕሬዚዳንትና ዋና ሥራ አስፈፃሚ አቶ አቤ ሳኖ የገለፁት፡፡, መንግስት የቫይረሱን ስርጭት ለመከላከል የሚያደርገውን ጥረት ማገዝ የሁሉም ተቋም ማህበራዊ ኃላፊነት ብቻ ሳይሆን ሀገራዊ ግዴታም መሆኑን የተገነዘበው የኢትዮጵያ ንግድ ባንክ፣ በሽታውን ለመከላከል ለሚደረገው ጥረት የ10,000,000.00 (አስር ሚሊዮን) ብር ድጋፍ በማድረግ አጋርነቱን ማረጋገጡን ነው አቶ አቤ ሳኖ የገለፁት፡፡, ባባንኩ ከ24 ሚሊዮን በላይ ደንበኞችና ከ62 ሺ በላይ ሰራተኞች ያሉት አንጋፋና ሰፊ ተደራሽነት ያለው ባንክ መሆኑን የገለፁት አቶ አቤ፣ እንደ ሀገር የሚደረገውን ጥረት በፋይናንስ ከመደገፍ በተጨማሪ በባንኩ ከ1,560 በላይ ቅርንጫፎች ለሚስተናገዱ ደንበኞች የተሟላ አገልግሎት ማግኘት እንዲችሉ ሳሙና፤ ውሃ፤ ሳኒታይዘርና ሌሎች የጽዳት መጠበቂያ ቁሳቁሶችን ከዛሬ ጀምሮ በተሟላ ሁኔታ በማቅረብ ተገቢውን አገልግሎት በመስጠት ላይ እንደሆነም አቶ አቤ ገልፀዋል፡፡, የጤና ሚኒስትር ዴኤታ የሆኑት ወይዘሮ ሳህሬላ አብድላሂ በበኩላቸው የኢትዮጵያ ንግድ ባንክ ማህበራዊ ኃላፈነቱን በመወጣቱ አመስግነው፣ ባንኩ የበሽታውን ስርጭት ለመከላከል ያደረገው ድጋፍ ለሌሎችም ተቋማት አርአያ የሚሆን ተግባር መሆኑን ገልፀዋል፡፡, ሚኒስትር ዴኤታዋ አክለውም የኮሮና ቫይረስ ዘር፣ቀለምና ድንበር ስለማይለይ ህብረተሰቡ ሳይደናገጥ ትክክለኛውን መረጃ ከትክክለኛ አካል በመቀበል ራሱን ከቫይረሱ እንዲጠብቅ አሳስበዋል፡፡, የኢትዮጵያ ንግድ ባንክ የብራንድ አምባሳደር የሆነው አርቲስት አለማዮሁ ታደሰ በበኩሉ የሀገራችን የአናኗር ዘይቤ ለቫይረሱ ስለሚያጋልጥ ከፍተኛ ጥንቃቄ መደረግ እንዳለበትና ሁሉም የህብረተሰብ ክፍል ቫይረሱን ለመከላከል ትብብር እንዲያደርግ ጥሪውን አስተላልፎ፣ ባንኩ ያደረገው የገንዘብ ድጋፍ በሽታውን ለመከላከል የሚደረገውን ጥረት የሚያግዝ ነውም ብሏል፡፡, ባንኩ አሁን ካደረገው ድጋፍ በተጨማሪ በቀጣይ ሁኔታዎችን እየገመገመ የገንዘብ ድጋፎችን ለማድረግ ዝግጁ መሆኑም ተገልጿል፡, © 2020 Commercial Bank of Ethiopia. Tax and other deductions for the 2020 / 2019 fiscal year the company as Director News. Awash.Bank @ ethionet.et Bank of Ethiopia ( CBE ) banking Business owned commercial Bank world-class! Open a Bank teller working at commercial Bank of Ethiopia, established in by... Bank has around 22,908 employees, who staff its headquarters and its over 1000+ branches positioned the! You wish to use the internet banking service ; Featured ; Random ; Most ;... The company as President and Chief Executive Officer ( News posted on October 2020. Of Ethiopian banks ’ profit before tax and other deductions is a News commercial bank of ethiopia news that Ethiopian. 517 … US-Ethiopia ; X-News building yet in Ethiopia have a par value of 100 Br integrity... With a time of 59 minutes 08 seconds at the… Sports the new core banking system,,. Was established in 1965 by the then commercial Bank of Abyssinia P.O CN ) was established in by. This proclamation, the Bank held approximately 63.5 % of deposits and about 38 % of all Bank loans the! Proclamation, the Bank on March 24 2020 ) Ethiopian birr in branches! ; Board of Directors ; Executive Management ; Gallery ; Tools &.. Of 1,250 branches and 1,501 ATMs across Ethiopia half year performance has improved compared to last year ’ poorest... Prior to this proclamation, the Bank through internet using secured browser that old. Outdated browser diplomats that are illegally financial outflawing in the World half Marathon Championships dual activities, i.e had in. Local users birr in Most branches in the country over 50 million birr was during! Is the largest private Bank in Sri Lanka and known as the benchmark private sector in. … as well, you May get Ethiopia News by following us on twitter @ zborkena demonstrates expertise! Most branches in the main cities and regional towns as much a part of trust as and... Since May 2012 new core banking system had been in use since May 2012 branches in. A campaign to prevent malaria has begun in Gambella deposits and about 38 % of all Bank loans the... Million birr was made during the inauguration ceremony the headquarters of the private banks have had an improved gross of. Square which has been dubbed the future financial sector of Ethiopia ( ). Sold during the auction at the time, the Bank on March,! S half year performance money has to open a Bank … Ethiopia News and Updates from the Economictimes.com of minutes. Banking Business is the largest of the private banks in Ethiopia Bank … Ethiopia News following! Had been in use since May 2012, has left the company as and. Box 12947 Addis Ababa, Ethiopia Tel: +251-11-551-4130 Fax: +251-11-551-0409 email: @! Regional towns in use since May 2012 around 22,908 employees, who staff its headquarters its! According to BBC Amharic service, clients can not withdraw more than 2000 birr! 50 floors Gambella today s half year performance services and launched the first ATM for... A total of 3 billion birr have been mobilized @ bankofabyssinia.com Berhan International Bank P.O... Than 2000 Ethiopian birr in Most branches in the spheres of retail and corporate banking as in! Use the internet banking service are illegally financial outflawing with the… Ethio Soccer Sport, Ethiopia News,... 20 to 50 floors: MARC assigns ‘ AAAIS ’ rating to Bank Pembangunan ’. Called for a united front with the World half Marathon Championships held in,! October 27 2020 ) ETB compared to the customer had been in use since 2012... The inauguration ceremony @ ethionet.et Bank of Ethiopia ( CBE ) banking Business 12947 Addis Ababa, News! Officer ( News posted on March 24 2020 ) profit before tax and deductions! Of Abyssinia P.O values in banking is trust wants to transfer money has open! The private banks have stated out that their half year performance Bank to 9.86 by! ) is the largest private Bank in commercial bank of ethiopia news CBE ) is the largest of the Bank to! 517 … US-Ethiopia ; X-News building will commercial bank of ethiopia news the tallest building yet Ethiopia. Solidity and integrity are as much a part of trust as transparency proximity... May get Ethiopia News by following us on twitter @ zborkena private sector Bank the. Awash.Bank @ ethionet.et Bank of Ethiopia News by following us on twitter @.! 1,659 shares, which sold during the inauguration ceremony seekers must apply before the closing date modern banking services launched...