Press release on 2020/21 annual plan performance
Commercial Bank of EthiopiaCommercial Bank of Ethiopia's Amharic press release on its performance for the completed 2020/21 fiscal year. The bank reports mobilising more than Birr 140 billion in additional deposits — taking total deposits from Birr 595 billion at 30 June 2020 to Birr 735 billion, of which private deposits were Birr 542.2 billion — total assets of Birr 999 billion, and annual profit before tax and other deductions (ያልተጣራ ትርፍ / ከታክስና ከሌሎች ተቀናሾች በፊት) of more than Birr 20.3 billion, described as the highest in the bank's 80-year history. It also reports USD 2.86 billion in foreign-currency earnings, Birr 107 billion in new loans and bonds, Birr 60 billion in loan collections, 31.4 million depositors, over 6.7 million ATM cards and over Birr 529 billion moved through digital banking. The profit figure is gross (pre-tax), not profit after tax. Published date is the PDF creation date and matches the date recorded in CBE's content-management system.
- Institution
- Commercial Bank of Ethiopia
- Type
- press-release
- Fiscal year
- 2013EC
- Published
- Language
- አማርኛ
- Pages
- 5
- File size
- 164 KB
- Source checked