The Commercial Bank of Ethiopia (CBE) has reported a major milestone for the 2024/25 fiscal year, mobilizing over 515 billion birr in new deposits, bringing its total deposits to 1.69 trillion birr — a historic achievement in the bank’s history and a strong indicator of public confidence in the institution.
Compared to the previous fiscal year, when the bank’s total deposits stood at 1.38 trillion birr, this marks a growth of over 310 billion birr (approx. 22.5%) in total deposits — one of the largest annual increases in recent years.
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“This year’s success is a reflection of the strong trust placed in us by our customers and the relentless efforts of our employees at all levels,” stated the Bank’s leadership in a public message. “It is a proud moment for the entire CBE family.”
Key Figures & Growth:
- New deposits collected in 2024/25: 515+ billion birr
- Total deposits as of June 2025: 1.69 trillion birr
- Total deposits in 2023/24: 1.38 trillion birr
- Year-on-year deposit growth: 310+ billion birr (22.5%)
Why This Matters:
- Historic Record: First time CBE has mobilized over 500 billion birr in a single fiscal year
- Public Trust: Growth driven by increased customer confidence and expanding reach
- Operational Excellence: Achievement credited to strategic leadership, staff commitment, and efficient execution
- Macroeconomic Alignment: Supports Ethiopia’s financial sector deepening and resource mobilization efforts
CBE attributed this exceptional performance to its customer-first approach, enhanced digital banking services, branch expansion, and employee dedication.
Looking ahead, CBE reaffirmed its commitment to playing a key role in Ethiopia’s ongoing economic transformation, financial inclusion efforts, and upcoming capital market activities. The Bank is poised to leverage its strong deposit base to support national investment, infrastructure, and development priorities.
