Abie Sano, the President of the Commercial Bank of Ethiopia (CBE), has received the prestigious 2024 “Abyssinia Industry Award – Diamond League” for his leadership and contributions to the country’s economic development. Under his guidance, CBE has grown to become the largest bank in Ethiopia. He focuses on improving customer service, promoting financial inclusion, and using technology to enhance banking operations.
The “Abyssinia Industry Award” is an important recognition given each year by an Ethiopian non-governmental organization. It honors individuals and organizations that make significant contributions to the country’s progress. Abie Sano earned the Diamond League category, which specifically recognizes exceptional leadership and innovation.
Last month, the Commercial Bank of Ethiopia announced that it achieved a high level of performance in the fiscal year 2016. The bank recorded revenue of 4 billion birr, representing 13% growth compared to the previous year. The bank’s pre-tax profit reached 6 billion birr, the highest in its history. Read More…
In the recently concluded fiscal year, the Commercial Bank of Ethiopia achieved a record profit of 25.6 billion Birr, or about $445 million. This profit marks the highest earnings in the bank’s 75-year history. CBE also set new records for issuing loans and attracting deposits, demonstrating its ability to meet the financial needs of individuals and businesses across Ethiopia. With over 40,000 employees, the bank stands as a major employer in the country.
As a state-owned bank, the Commercial Bank of Ethiopia plays a crucial role in supporting government initiatives and providing essential financial services to millions of Ethiopians. CBE works hard to increase access to banking services, especially in rural areas, which helps empower communities and promote financial inclusion.
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Maalidha?
0907074478
Hamzaa daliil 1000374966654
Hamzaa daliil 1000374966654
What? How the leader of a bank that has open system and exposed to robbers is awarded such prize? The bank was robbed by students in few minutes.
Bankin daldala Ethiopia Abdii hegaree dhaloota boruuti
We are doing and we have been rich
Ok
Good you are
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Great bank 🏦 👌 👏 👍
Great leader we have as Ethiopians
Great banking of country 👏
DACHAAS HASSAN
Although I appreciate CBE’s endeavors, I criticize that the way the so called, “Abyssinia Industry Award”, is trying to sell the award by inviting every sector to pay money and let them “awarded” for no reason. That’s for promotion purpose and income generation method, not vivid and critical investigation and competition of the existing sectors in the market were conducted. Generally, CBE and the likes bought the award by paying money to the awarding firm. I wish it could be done by KPIs (key performance indicators), so that will be fair and more attractive.