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[Nov 2017] MoneyGram Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Commercial bank of Ethiopia (CBE) earns 1.1 million USD from Exports

CBE Award dollar[2013]

Ephrem Mekuria, communication manager with CBE, told The Reporter that the bank earned a total of USD 5.8 billion from international banking department (IBD) in the budget year. Ephrem said exporters brought USD 1.1 billion from the export and the remaining was earned from remittance and other transactions.

The bank made a gross profit of 8.4 billion birr.

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