Total asset of CBE surpasses 1 trn Birr

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The Commercial Bank of Ethiopia (CBE) has become the biggest bank in east and central Africa, with a total asset of more than 1 trillion Birr.

In the first quarter of the current fiscal year, the bank has given out loans worth of 36.8 billion Birr for different investment projects and trade activities, and also collected back 51.1 billion Birr from loans. The bank registered a profit of 6.9 billion Birr.

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