Commercial Bank of Ethiopia (CBE)

About Us | Commercial Bank of Ethiopia (CBE)

The history of Commercial Bank of Ethiopia (CBE) dates back to the establishment of the State Bank of Ethiopia in 1942. CBE was legally established as a share company in 1963. Since then, it has been playing significant roles in the development of the country.

Key Facts:

• Assets: As of June 2021, CBE had about 1.1 trillion birr in assets.
• Market Share: CBE holds approximately 67% of deposits and about 53% of all bank loans in Ethiopia.
• Branch Network: CBE operates more than 1940 branches across the country.
• Account Holders: Currently, CBE has more than 40+ million account holders.
• Digital Services: The number of Mobile and Internet Banking users has reached more than 6.6 million and 37k, respectively.
• ATM Services: Active ATM card holders have reached more than 8.3 million.
• CBE Birr Users: Over 17 million people use CBE Birr for various transactions.

Vision: A world-class commercial bank financially driving Ethiopia’s future.

Mission: Our core values detailed below are the operating principles that guide our internal conduct as well as our relationship with our customers, partners, and shareholders.

Core Values:

1. Integrity
2. Service Excellence
3. Professionalism
4. Empowerment
5. Innovative Organization
6. Teamwork
7. Respect for Diversity
8. Corporate Citizenship

At Commercial Bank of Ethiopia, we continue to shape Ethiopia’s financial landscape, providing reliable services and contributing to the nation’s progress.