Commercial Bank of Ethiopia Reports Record Profit Despite Forex Losses

The Commercial Bank of Ethiopia (CBE) announced significant profit growth and capital expansion for the fiscal year ending June 30, 2025, despite substantial losses from foreign exchange operations.

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Commercial Bank of Ethiopia Reports Record Profit Despite Forex Losses

First report 16h agoLast update 16h ago

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started 16h ago•Last update 16h ago

The report indicates strong operational stability and continued capital growth for Ethiopia's largest state-owned bank, confirming its resilience amidst macroeconomic volatility.

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Ethiopia· Mersa

First report 2h ago•Last update 2h ago

Commercial Bank of Ethiopia Reports Record Profit Despite Forex Losses

The Commercial Bank of Ethiopia (CBE) announced significant profit growth and capital expansion for the fiscal year ending June 30, 2025, despite substantial losses from foreign exchange operations.

Quorum · collective opinions