Commercial Bank of Ethiopia to Adjust Loan Interest Rates and Service Fees

Date:

Share post:

Addis Ababa, Ethiopia – The Commercial Bank of Ethiopia (CBE) has announced its intention to implement adjustments to loan interest rates and service fees. The changes will apply to various services, including loan products, branch and digital banking, and international banking services.

The bank has stated that the adjustments are aimed at aligning with current market dynamics and ensuring the sustainability of its operations. CBE has reassured customers that notifications will be provided ahead of the implementation to allow sufficient time for preparation.

CBE, one of the largest financial institutions in Ethiopia, emphasized its commitment to maintaining transparency and providing continued access to reliable financial services.

For further details or inquiries, customers are encouraged to contact their nearest CBE branch or visit the bank’s official communication channels.

Addis Insight
Addis Insighthttps://addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

World Bank Approves $700 Million Boost for Ethiopia’s Financial Sector

WASHINGTON, December 19, 2024 – Ethiopia’s financial system is set to receive a transformative boost following the World...

Amhara Bank Urges Local Banks to Merge Amid Foreign Banks’ Entry

On December 18, 2024, Ethiopia's parliament ratified a landmark banking proclamation allowing foreign banks to operate within the...

National Bank of Ethiopia Launches Platform for Customer Complaints

Addis Ababa, Ethiopia The National Bank of Ethiopia (NBE) has introduced an online platform and a dedicated hotline (7230)...

U.S. Urges Ethiopia to Remove Implicated Officials—Ambassador Beth Van Schaack Calls for Accountability

In a recent press briefing organized by the U.S. Department of State’s Africa Regional Media Hub, Ambassador Beth...