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Cooperative Bank of Oromia is a private commercial bank in Ethiopia. As per their last published Annual report (2021–22), the Cooperative Bank now has a total asset value ETB 140 Billion. [1] The bank has 750+ branches, 13.2 million account holders and 8,100 employees. [citation needed] The bank's headquarters is located in Addis Ababa ...
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Amhara Bank (Amharic: አማራ ባንክ) is a private commercial bank in Ethiopia. Established on 18 June 2022, the bank has the largest shareholder base in Ethiopia's private bank history, with over 165,000 share holders and over 73 branches across Ethiopia. [3] Melaku Fanta is the current chairman of the Board of the Amhara Bank since 2022. [4]
Zemen Bank was established on 2 October 2008 "licensing and supervision of banking business proclamation No. 84/1994" of Ethiopia. It is private bank with commercial type. [1] [2] In 2023/2024 fiscal year, its total revenue has reached about 7.8 billion birr (101% of annual report). [3]
15 March – The Commercial Bank of Ethiopia (CBE) encounters a systematic glitch on its service involving the withdrawal of more than 40 million dollars. CBE officials suspect that the glitch was caused by economic and political reasons [ 5 ] and the money was easily transferred to students in Dilla and Jimma University .
Awash Bank (Amharic: አዋሽ ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24.2 million and started banking operations on 13 February 1995. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4369 and Birr 5.87 ...
Members of the public pose for a photograph as they climb the steps of the former President Bashar al-Assad's abandoned presidential palace on Dec. 9, 2024. / Credit: CBS News
At some point after the creation of the State Bank of Ethiopia it reopened the transit office, which in time became a branch. CBE in 1969. In 1963, the Ethiopian government split the State Bank of Ethiopia into two banks, the National Bank of Ethiopia (the central bank), and the Commercial Bank of Ethiopia (CBE). [8]