#Banking industry – Ethiopian Monitor

CBE’s Annual Profit Up by 43.9% to 27.5 Billion Birr

ADDIS ABABA – The Commercial Bank of Ethiopia (CBE) said it has secured 27.5 billion Birr annual gross profit, showing

ADDIS ABABA – The National Bank of Ethiopia (NBE) has issued licenses to eight new private commercial banks, its official

ADDIS ABABA – Ethiopian Banking industry has suffered more than 1.9 billion in fraud losses in the past four years,

ADDIS ABABA – Berhan Bank, one of the mid-sized private banks in Ethiopia, reported a profit before tax of 337.6