Commercial Bank

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.

12.50%
Best savings rate
1800
Branches
CBETETAA
SWIFT code
1963
Founded

Savings Rates

Current deposit rates — verified

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24-Month Fixed Deposit

Min ETB 1,000

12.50%

12-Month Fixed Deposit

Min ETB 1,000

11.50%

6-Month Fixed Deposit

Min ETB 1,000

10.00%

3-Month Fixed Deposit

Min ETB 1,000

9.00%

Diaspora Account

Min ETB 100

8.00%

Women Savings

Min ETB 25

7.50%

Youth Savings

Min ETB 25

7.50%

Regular Savings

Min ETB 50

7.00%

Current Account

Min ETB 100

0.00%

Loan Rates

Current lending rates — verified

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Car Loan

13.00%16.50%

Max 84 months · Verified 28 Apr 2026

Personal Loan

13.50%16.00%

Max 60 months · Verified 28 Apr 2026

Business Loan

14.00%18.00%

Max 120 months · Verified 28 Apr 2026

FX Rates

Most recent available rates

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USD / ETB

28 Jul 2026

BuySell
Transactional
158.8319162.0085
Cash
158.8319162.0085
EUR / ETB

28 Jul 2026

BuySell
Transactional
181.5449185.1758
Cash
181.5449185.1758
GBP / ETB

28 Jul 2026

BuySell
Transactional
212.8030217.0590
Cash
208.8329213.0096

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

Email

Digital Services

Mobile banking app
Yes
Internet banking
Yes
USSD (*) banking
Yes
SWIFT transfers
Yes
App store rating4.1 / 5.0

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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