Commercial Bank of Ethiopia
Commercial Bank of Ethiopia (CBE) is the largest and oldest commercial bank in Ethiopia, established in 1963. As a state-owned financial institution, CBE has played a pivotal role in Ethiopia's economic development for over six decades. The bank serves millions of customers across the country through its extensive network of over 1,800 branches, making it the most accessible banking institution in Ethiopia. CBE offers comprehensive banking services including savings accounts, loans, foreign exchange services, and digital banking solutions. The bank has been at the forefront of financial inclusion initiatives, serving both urban and rural populations with tailored products for various segments including diaspora communities, youth, women, and small businesses. CBE's commitment to modernization is evident through its mobile banking platform CBEBirr and internet banking services, making banking accessible to customers nationwide.
Savings Rates
Current deposit rates — verified
24-Month Fixed Deposit
Min ETB 1,000
12-Month Fixed Deposit
Min ETB 1,000
6-Month Fixed Deposit
Min ETB 1,000
3-Month Fixed Deposit
Min ETB 1,000
Diaspora Account
Min ETB 100
Women Savings
Min ETB 25
Youth Savings
Min ETB 25
Regular Savings
Min ETB 50
Current Account
Min ETB 100
| Product | Annual Rate | Min. Balance | Term | Last Verified |
|---|---|---|---|---|
24-Month Fixed Deposit | 12.50% | ETB 1,000 | Flexible | 28 Apr 2026 |
12-Month Fixed Deposit | 11.50% | ETB 1,000 | Flexible | 28 Apr 2026 |
6-Month Fixed Deposit | 10.00% | ETB 1,000 | Flexible | 28 Apr 2026 |
3-Month Fixed Deposit | 9.00% | ETB 1,000 | Flexible | 28 Apr 2026 |
Diaspora Account | 8.00% | ETB 100 | Flexible | 28 Apr 2026 |
Women Savings | 7.50% | ETB 25 | Flexible | 28 Apr 2026 |
Youth Savings | 7.50% | ETB 25 | Flexible | 28 Apr 2026 |
Regular Savings | 7.00% | ETB 50 | Flexible | 28 Apr 2026 |
Current Account | 0.00% | ETB 100 | Flexible | 28 Apr 2026 |
Loan Rates
Current lending rates — verified
Car Loan
Max 84 months · Verified 28 Apr 2026
Personal Loan
Max 60 months · Verified 28 Apr 2026
Business Loan
Max 120 months · Verified 28 Apr 2026
FX Rates
Most recent available rates
28 Jul 2026
28 Jul 2026
28 Jul 2026
Institution Details
Contact and regulatory information
Full name
Commercial Bank of Ethiopia
NBE licence
LIC-001-1963
Licence date
1 Jan 1963
HQ region
Addis Ababa
Phone
—
—
Digital Services
Data disclaimer
All data is sourced from official NBE publications and institution websites. For comparison purposes only. Always verify directly with the institution.
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