Commercial Bank of Ethiopia
BankingAddis Ababa, Ethiopia5001-10000 Employees
The Commercial Bank of Ethiopia, established in 1942 and based in Addis Ababa, operates in the banking industry. It is described as the leading bank in Ethiopia and maintains more than 1800 branches nationwide. The organization employs between 5001 and 10000 people. In January 2026, the bank launched Star Pay, a digital payment platform designed to integrate multiple financial services for consumers and businesses, and launched an app to help the diaspora send money home. In June 2026, it formed partnerships to introduce CBE Connect, a cross-border digital wallet for remittance, diaspora banking, and multi-currency transactions, and to issue a co-branded Visa prepaid card with Ethiopian Airlines Group and Visa.