Commercial Bank of Ethiopia Revises Loan Interest Rates - Addis Insight
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Wazema- The state-owned Commercial Bank of Ethiopia has increased interest rates on loans it has granted and will grant in the future to various sectors, Wazema has learned from the document that the bank has circulated to implement the increase. The bank’s new interest rate will be implemented from this coming Friday, February 28, 2017. Wazema has also learned that the bank’s new interest rate will be implemented from this coming Friday, Februa…
Commercial Bank of Ethiopia Revises Loan Interest Rates - Addis Insight
Addis Ababa, Ethiopia – March 4, 2025 – The Commercial Bank of Ethiopia (CBE) has announced adjustments to its loan interest rates, effective March 7, 2025. The changes are part of broader financial sector reforms aimed at aligning lending practices with market conditions, improving financial inclusion, and ensuring the long-term sustainability of Ethiopia’s banking industry.Overview of the AdjustmentsThe revised interest rates apply to a range …
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