Commercial Bank of Ethiopia Profile

About CBE

Founded on the legacy of the State Bank of Ethiopia in 1942, the Commercial Bank of Ethiopia (CBE) has been a pivotal force in the country's development journey. Established as a share company in 1963, CBE has continually evolved to become a cornerstone of Ethiopia's financial landscape. With a vast network comprising over 1940 branches, CBE serves a staggering 40+ million account holders, making it one of the largest and most influential banks in the nation. Furthermore, CBE's digital footprint extends to over 6.6 million mobile and internet banking users, along with more than 8.3 million active ATM cardholders and 17 million CBE Birr users, underscoring its commitment to innovation and accessibility in banking services.

Driven by a vision to be a world-class commercial bank shaping Ethiopia's financial future, CBE operates with a steadfast commitment to its core values. Integrity, service excellence, professionalism, empowerment, innovation, teamwork, respect for diversity, and corporate citizenship form the bedrock of CBE's operations, guiding its internal conduct and relationships with customers, partners, and shareholders alike. With a relentless focus on delivering superior financial solutions and upholding the highest standards of ethical conduct, CBE remains dedicated to driving sustainable growth and prosperity for Ethiopia and its people.

Contact Address:

• Head Office: Ras Desta Damtew St, 01, Kirkos, Addis Ababa, Ethiopia.
• Phone: 251-551-50-04
• Fax: 251-551-45-22
• SWIFT Code: CBETETAA
• Email: info@cbe.com.et

Board of Directors

• Ato Ahmed Shide – Chairperson
• Ato Ahmed Tusa – Member
• Ato Addisu Haba – Member
• Ato Getachew Negera – Member
• Eyob Tesfaye (Ph.D) – Member
• Wro Aynalem Nigusie – Member
• Woy. Tigist Hamid – Member
• Bereket Fesehatsion Tesfamariam – Member
• Ato Olani Sekata Duressa – Member
• Ato Moges Balcha Gebremedhin – Member

Executive Management Team

• Ato Abie Sano – President
• Ato Dereje Fufa - Branch and Retail Banking Executive V/P
• Ato Fikreseilassie Zewdu​ - Credit V/P
• Ato Amare Assefa - Information Systems V/P
• Ato Haileyesus Bekele Obsie - Customer Experience V/P
• Ato Ephrem Mekurea - Human Resource V/P
• Wro Makida Oumer - International Banking V/P
• Ato Midekssa Tolesa Bulcha - V/P Facilities Management
• Ato Yonas Lidetu - Finance V/P
• Dr. Emebet Melese - Strategic Planning and Transformation Office - V/P
• Wzo. Sosina Alemayehu - Legal Services -V/P
• Ato Surra Saketa - Chief of Staff
• Ato Dahlak Yigezu - Digital Banking - V/P
• Ato Mulugeta Sarko - Internal Audite V/P
• Ato Muluneh Lemma - V/P Central Region
• Ato Kidanie Mengesha - V/P Whole Sale Banking
• Ato Samuel Tesfahunegn - V/P North East Region

Annual Reports

Please visit https://www.combanketh.et/en/publications/