Famous model Lidyana Solomon with her dad

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Famous model Lidyana Solomon with her dad.

The Commercial Bank of Ethiopia earned 13 billion birr in the first half of the year

 

 The Commercial Bank of Ethiopia announced that it made a profit of 13 billion birr in the first half of the year.

 

Commercial Bank of Ethiopia held a press conference today following the 2015 half fiscal year performance review conference from January 16 to 19, 2015.

 

Abe Sano, president of the Commercial Bank of Ethiopia, said in a statement that the total assets of the bank have reached 1.2 trillion birr.

 

The bank has opened 55 new branches in the last six months, bringing the number of branches to 1,879.

 

They announced that the bank's total deposits reached 978.8 billion birr by collecting 88.7 billion birr deposits in the first half of the year.

 

By opening savings accounts for 2.2 million new customers, the bank aims to increase the number of customers to 38.1 million.

 

In the first half of the year, more than 1.3 trillion birr payments were made through the bank's digital service options, the president said.

 

He said that the digital system has replaced the use of cash and accounted for 39.3 percent of the total payments.

 

By Meron Mulugeta

 

Category
Celebrity
  • Mohamed

    2 milone i am money comerical bank of ethiopa

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