Commercial Bank of Ethiopia

Commercial Bank of Ethiopia is a leading financial institution in Ethiopia. As of the 2024 fiscal year, the bank reported total assets of ETB 1434.40 Billion, with customer deposits reaching ETB 1173.58 Billion. During the same period, it achieved a profit before tax of ETB 26.30 Billion. In terms of performance efficiency, Commercial Bank of Ethiopia delivered a Return on Assets (ROA) of 1.83% and a Return on Equity (ROE) of 29.62%. Explore the detailed profile below for comprehensive audited financials, historical performance trends, and peer comparisons.

Founded

1963

Ownership

State Owned Commercial Bank

SWIFT / BIC

CBETETAA

Website

combanketh.et