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The Commercial Bank of Ethiopia (CBE) announced it will soon be opening a new branch it named in honor of the double Olympic gold medalist Messeret Defar.

In an occasion held to award its successful sports icons, Bank Sports club proudly announced that the CBE’s high-level management unanimously agreed to open a new branch in the name of the club’s all-time great, Messeret Defar, who has collected 2 Olympic gold medals in her distinguished career. Athens and London Olympics 5000 meter gold medalist Messeret also received 150,000 birr in prize money while other world-renowned athletes of the club, including New York Marathon winner G/Egziabher G/Mariam, his wife and former World cross-country champion, Worknesh Kidane, and others shared the rest of the prize money.
Also in the news, Ethiopian Premier League 10-time defending champions Saint George Sports Club, in turn, honored its own champion players by disbursing a 600, 000 birr prize money package at a gala event held at the Sheraton Addis on Tuesday, December 18th. With the Board Chairman Abnet G/Meskel present, the club gave away the prize to the players that contributed their best to steer St. George to a record 10th title, and at the same time, Ethiopia to a place in the African Nations Cup final and the CECAFA club championships. The club’s senior players, including National team skipper, Degu Debebe, Premier League top scorer, Adane Girma, and left fullback, Abebaw Butako, each received 40, 000 birr, while others collected their prizes according to their performance throughout the past season.