Commercial Bank of Ethiopia Posts Record 32.6 Billion Birr Profit - Addis Insight

Commercial Bank of Ethiopia Posts Record 32.6 Billion Birr Profit - Addis Insight

Addis Ababa, Ethiopia – April 3, 2025 — The Commercial Bank of Ethiopia (CBE), the nation’s largest state-owned bank, has reported a staggering 32.6 billion birr profit in just the past eight months, marking a 170.5% surge compared to the same period last year, according to the bank’s president, Abe Sano.The announcement came during the presentation of CBE’s eight-month performance report to the House of Representatives’ Standing Committee on Go…