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Commercial Bank of Ethiopia (CBE) gave awards out to 154 of its customers who brought in a significant amount of foreign exchange in front of invited government officials and guests on Thursday December 26th at the Sheraton Addis Hotel. The awarded customers primarily work in export related businesses like leather and leather products, Khat, meat and other products. The Bank’s Communication Officerstated that, besides the bank’s increase in foreign currency, the hard currency brought in by these customers will also benefit the other services provided by CBE. The customers reportedly brought in from USD one million to 300 million withina year.
Pictured above are (L) Bereket Simon, and Abay Tsehaye, the previous chairperson of Board of Directors of CBE, who both now are Advisors to the Prime Minister.