CBE Achieves Historic ETB 1.69 Trillion in Total Deposits, Fueling Confidence in Ethiopia’s Banking Sector











The Commercial Bank of Ethiopia (CBE), the country’s largest state-owned bank, announced on Tuesday that it has reached a record-breaking ETB 1.69 trillion in total deposits, marking an unprecedented milestone in the history of Ethiopia’s banking industry. The figure represents a remarkable increase of over ETB 515 billion during the 2024/25 fiscal year alone—an annual growth rate that underscores the institution’s dominant position and the continued trust of the Ethiopian public.

In an official statement, CBE President Abe Sano praised the achievement as a testament to the discipline, teamwork, and shared sense of ownership demonstrated by the bank’s staff at every level—from the Board of Directors to regional branches, head office personnel, and worksite supervisors. He credited the milestone to the bank’s “unwavering commitment” to serving its customers in a rapidly evolving economic environment.

“This extraordinary result showcases our resilience and the depth of our capacity to deliver exceptional customer service, even in the face of complex challenges,” Sano said.

Strong Deposit Growth Despite Headwinds

CBE’s surge in deposits is especially notable given the macroeconomic headwinds Ethiopia has faced in recent years, including inflationary pressures, foreign exchange shortages, and geopolitical tensions. The bank’s leadership attributed the record deposit growth to several strategic initiatives:

Aggressive Branch Expansion: CBE has been expanding its branch network, particularly in rural and underbanked regions, bringing formal financial services to millions of new customers.

Digital Transformation: The bank has invested heavily in mobile banking, online platforms, and agent banking networks, making it easier for customers to transact and save.

Targeted Deposit Mobilization Campaigns: Focused marketing and outreach efforts encouraged both retail and institutional customers to increase savings, with tailored products designed to attract deposits from diverse sectors.

According to industry analysts, the ETB 515 billion jump in deposits in a single fiscal year is among the largest annual gains ever recorded by an Ethiopian financial institution, reflecting rising public confidence in the safety and convenience of formal banking channels.



CBE’s robust deposit base has significant implications for the broader Ethiopian economy. As the country’s largest lender, the bank plays a central role in financing critical sectors, from agriculture and manufacturing to infrastructure and trade. Larger deposits translate to greater lending capacity, potentially spurring economic growth and job creation at a time when Ethiopia is working to implement ambitious economic reforms.

Analysts also note that strong deposit growth can help improve domestic resource mobilization—a crucial policy goal as Ethiopia seeks to reduce reliance on foreign debt and develop more sustainable sources of financing for its development agenda.

Leadership’s Vision for the Future

President Abe Sano reiterated that the record deposits are not an endpoint but a foundation for future growth. He emphasized the bank’s commitment to maintaining financial stability, enhancing customer experience, and driving financial inclusion.

“We view this achievement not as a finish line but as a launching pad for even greater service to the nation,” he said. “Our priority remains the sustainable development of Ethiopia’s financial sector and the empowerment of our people through accessible, reliable, and innovative banking solutions.”

Sector-wide Competition and Reforms

The record-breaking performance comes at a time of significant change in Ethiopia’s banking landscape. The government has moved to open the sector to foreign competition, recently issuing guidelines that will allow foreign banks to establish subsidiaries or representative offices. Industry experts believe this will raise the bar for customer service, technological innovation, and financial product diversification.

CBE’s leadership has signaled that it welcomes competition, viewing it as an opportunity to further strengthen operations and deliver even better value to customers.



As the new fiscal year begins, CBE’s focus will remain on consolidating its gains, further expanding access to banking services, and supporting Ethiopia’s broader development objectives. With its record ETB 1.69 trillion in deposits, the Commercial Bank of Ethiopia is well-positioned to remain the financial backbone of Africa’s second-most populous country.

For Ethiopia’s banking industry and the wider economy, CBE’s milestone is not just a number but a sign of resilience, ambition, and a banking sector ready to meet the challenges and opportunities of a changing world.











3 COMMENTS

Ittu Aba Farda







July 4, 2025 At 3:58 am













There is another news that just came out of the old country that will make you bigots and connivers cry rivers. The construction of the GERD has officially completed and a huge inauguration date is said to be planned on the Ethiopian New Year Day this coming September. So far, the dam has not affected the flow of fresh water reaching either Sudan or Egypt, not even by the spoonful. Watch Egypt now. It will hire some so-called experts to cook up fabricated ‘data’ to lie about the flow of water reaching its territory since the construction began in 2011. But it will not tell the world that it has begun diverting part of the very flow of the river to build a new mega city in the middle of a desert. Liar, liar, your pants on fire!!!

This dam has already started benefiting neighboring Djibouti and Kenya with cheap electricity. Farther down countries like Tanzania and even Malawi are screaming with ‘pass the dutchies bro’.

Wait a minute! Hold up, hold up folks! There is breaking news. Meteorologists are now reporting a sudden and dangerous rise of water in the rivers and lakes in Minnesota, Toronto, Oslo and Down Under. But it has not been raining there for more than 48 hours. They found out the source. It was the tears from crying bigots and connivers. They were heard crying and begging their benefactor in Asmara (who is always around them with brown paper bags full of crisp US dollars) to send its clunky Mig-29’s and blow up the dam for them.

There is another news that just came out of the old country that will make you bigots and connivers cry rivers. The construction of the GERD has officially completed and a huge inauguration date is said to be planned on the Ethiopian New Year Day this coming September. So far, the dam has not affected the flow of fresh water reaching either Sudan or Egypt, not even by the spoonful. Watch Egypt now. It will hire some so-called experts to cook up fabricated ‘data’ to lie about the flow of water reaching its territory since the construction began in 2011. But it will not tell the world that it has begun diverting part of the very flow of the river to build a new mega city in the middle of a desert. Liar, liar, your pants on fire!!!

This dam has already started benefiting neighboring Djibouti and Kenya with cheap electricity. Farther down countries like Tanzania and even Malawi are screaming with ‘pass the dutchies bro’.

Wait a minute! Hold up, hold up folks! There is breaking news. Meteorologists are now reporting a sudden and dangerous rise of water in the rivers and lakes in Minnesota, Toronto, Oslo and Down Under. But it has not been raining there for more than 48 hours. They found out the source. It was the tears from crying bigots and connivers. They were heard crying and begging their benefactor in Asmara (who is always around them with brown paper bags full of crisp US dollars) to send its clunky Mig-29’s and blow up the dam for them.

Ittu Aba Farda







July 4, 2025 At 7:23 am













This is what you get when geniuses run corporations. There is no other way but up and up. Kudos to you super achievers!!! Such uplifting news should be conveniently available for readers in our Diaspora. It will make these bigots and connivers among us cry their eyeballs out. I wanna see them cry rivers. They never regret for urging their blind gullible followers to go out and burn down factories, the sure signs of development and advancement.

Once again congratulating to the CEO’s and all employees of these banks. Go get’em tigers!!!!

Now I’m good for a month!!!

This is what you get when geniuses run corporations. There is no other way but up and up. Kudos to you super achievers!!! Such uplifting news should be conveniently available for readers in our Diaspora. It will make these bigots and connivers among us cry their eyeballs out. I wanna see them cry rivers. They never regret for urging their blind gullible followers to go out and burn down factories, the sure signs of development and advancement.

Once again congratulating to the CEO’s and all employees of these banks. Go get’em tigers!!!!

Now I’m good for a month!!!

Hussen Ali Seid







July 6, 2025 At 11:57 pm













The first look one Person BTC coin gets l am Hussen Ali seid more company my best friend my marketing electronic marketing systems all would look my my Application coin cap marketing look BTC coin ETH so my best love country Ethiopia successful

The first look one Person BTC coin gets l am Hussen Ali seid more company my best friend my marketing electronic marketing systems all would look my my Application coin cap marketing look BTC coin ETH so my best love country Ethiopia successful

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