CBE earns 14 billion birr

209
469
CBE

The state financial giant, Commercial Bank of Ethiopia (CBE), amassed a 13.9 billion birr gross profit in the just ended financial year.

The bank has gone through aggressive expansion disclosed that its total asset has reached 384.6 billion birr in the 2014/15 fiscal year.

According to the statement that CBE sent to Capital that the total revenue stood at 27.2 billion birr.

In the 2014/15 fiscal year only about 47 billion birr was deposited at CBE, which boosted the total savings amount to 288.5 billion birr.

The statement indicated that CBE has pumped almost 92 billion birr in loans for different development sectors.

The bank, which is one of the hard currency mobilizers in the country, has earned USD 4.7 billion and supplied USD 6.8 billion for different import items.

In the fiscal year 84 new branches opened in addition to 88 branches of Construction and Business Bank who merged with CBE in the past fiscal year. There are now 1,136 total branches.

In terms of ATM card availability the bank has registered 100 percent growth. According to the statement there are now 2.8 million ATM card holders.

The number of ATM and pos machines has reached 889 and 6,269 respectively.

The total CBE bank book holders have reached 13.3 million in addition to 2.6 million new comers in the fiscal year.

Ephrem Mekuria, Public Relation Head of CBE, told Capital that his bank is under process to expand its branches in Khartoum and Djibouti.

209 COMMENTS

  1. Title

    […]although sites we backlink to below are considerably not connected to ours, we feel they’re in fact really worth a go via, so possess a look[…]

  2. Title

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nonetheless definitely worth taking a appear, whoa did a single understand about Mid East has got more problerms at the same time […]

  3. Title

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nonetheless definitely worth taking a search, whoa did one understand about Mid East has got extra problerms also […]

  4. Title

    […]that is the finish of this write-up. Here you’ll come across some web-sites that we believe you will enjoy, just click the links over[…]

  5. Title

    […]we prefer to honor numerous other net internet sites on the internet, even when they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  6. Title

    […]check below, are some totally unrelated sites to ours, on the other hand, they may be most trustworthy sources that we use[…]

  7. Title

    […]although web sites we backlink to beneath are considerably not associated to ours, we feel they are basically really worth a go through, so possess a look[…]

  8. Title

    […]we prefer to honor several other online web sites around the web, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  9. Title

    […]we prefer to honor quite a few other net sites on the net, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  10. Title

    […]although websites we backlink to below are considerably not connected to ours, we feel they are really worth a go by means of, so possess a look[…]

  11. Title

    […]very handful of internet websites that take place to become in depth beneath, from our point of view are undoubtedly nicely really worth checking out[…]

  12. Title

    […]we like to honor numerous other world-wide-web websites around the web, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  13. Title

    […]we like to honor numerous other web websites around the net, even if they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  14. Title

    […]we like to honor quite a few other web sites around the web, even if they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  15. Title

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless definitely worth taking a search, whoa did a single understand about Mid East has got additional problerms as well […]

  16. Title

    […]we like to honor numerous other online sites on the internet, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  17. Title

    […]Wonderful story, reckoned we could combine a few unrelated information, nonetheless actually worth taking a search, whoa did one find out about Mid East has got far more problerms also […]

  18. Title

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless genuinely worth taking a appear, whoa did one discover about Mid East has got additional problerms also […]

  19. Title

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless genuinely worth taking a search, whoa did one particular find out about Mid East has got additional problerms too […]

  20. Title

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless actually worth taking a search, whoa did 1 understand about Mid East has got a lot more problerms at the same time […]

  21. CBD Oil

    […]although web sites we backlink to beneath are considerably not associated to ours, we really feel they are in fact worth a go by means of, so have a look[…]

  22. Title

    […]although internet websites we backlink to below are considerably not related to ours, we feel they’re truly really worth a go by way of, so possess a look[…]

  23. Title

    […]we prefer to honor quite a few other internet sites around the web, even though they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  24. Title

    […]we prefer to honor numerous other world-wide-web web pages on the net, even when they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  25. Title

    […]although web-sites we backlink to below are considerably not related to ours, we feel they are basically really worth a go by means of, so have a look[…]

Comments are closed.