Commercial Bank of Ethiopia
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The service is designed to cater to Ethiopian Diaspora Muslims and others who want interest free banking service. CBE Quality Assurance VP, Woizero Emebet Melese said during the launching that the interest free mortgage loan for diasporas would be implemented separately from the other diaspora related banking services. Once a person deposits the initial payment at CBE branches in Ethiopia or at Ethiopian Embassies abroad, the bank would entertain the request, she added. The loan is expected to be paid in full within 20 years. The newly launched Interest Free Mortgage Loan is aimed at facilitating banking service for those who desire to purchase finished or under construction residential houses in Ethiopia. Follow Africa Business Communities on Twitter. Join our LinkedIn Groups.
The new premises are an opportunity to provide efficient and functional high quality. The desire to create an open and inviting nature in productive and inspiring surroundings is driven by the diversity of the programme and the prominent city location. The design combines Ethiopian tradition with a forward looking bank. A bank in which everyone feels at home. At the center of the junction between Yohanis and Ras Desta Damtew Street, it is visible from all parts of the city and located near major buildings such as the Ministry of Defence, the National Theatre, the Gandhi Hospital, the stadium and so on. From Metskel square at the heart of Addis Ababa, the bank will become a striking icon for this district.
Asked November 3, Answered July 31, Asked September 7, Knowing the customer wants and satisfied every need and questions, based on the company rules, that may not heart others. Asked August 8, Answered June 29,
The bank has reached branches as of August 10, The bank also operates two branches in South Sudan , and is contemplating opening re-opening a branch in Djibouti, andopening branches in Dubai and Washington, DC, all to serve the Ethiopian diaspora. The bank is pioneer to introduce modern banking to Ethiopia and credited for playing a catalytic role in the economic progress and development of the country. It is also the first bank in Ethiopia to introduce ATM service for local users. After the Ethiopian victory over Fascist Italy, the new government established the State Bank of Ethiopia with a proclamation issued in August State Bank of Ethiopia commenced full operations on 15 April with two branches and 43 staff.
Commercial Bank of Ethiopia (CBE)
CBE TV PROGRAM August 04
View More. CBE Branches throughout Ethiopia. Merchandise loan Overdraft Pre-shipment Export. Administration Mudaraba Wadiah Qard. Diasporas Mortgage Loan.
Commercial Bank of Ethiopia. I have been working at Commercial Bank of Ethiopia full-time for more than a year. It is biggest company using the latest technologies. I learned good technologies working in Commercial Bank of Ethiopia. It is a big bank that has nearly branches and believes in training and development of employees having a good benefit package as well.
To become a world-class commercial bank by the year ,