CBE Account Holders Rise to 43.1 Million as Deposits Surpass 1.67 Trillion Birr

CBE Account Holders Rise to 43.1 Million as Deposits Surpass 1.67 Trillion BirrThe Commercial Bank of Ethiopia (CBE) reported that its customer base expanded to 43.1 million account holders, according to provisional performance data for the 2024/25 fiscal year. The bank added 3.39 million new accounts during the period. Deposits increased by 515.5 billion birr, […]

EIH posts robust growth across key enterprises

EIH posts robust growth across key enterprises ADDIS ABABA – Ethiopian Investment Holdings (EIH) has reported solid performance across its portfolio during the past fiscal year, with strong results in energy, engineering, hospitality, logistics, and sugar production. Following its annual performance dialogue with the Ethiopian Electric Utility (EEU), EIH announced that EEU added 501,588 new customers, […]

Ethiopian Investment Holdings Reports Strong Portfolio Growth Amid Sectoral Challenges

Ethiopian Investment Holdings Reports Strong Portfolio Growth Amid Sectoral Challenges Ethiopian Investment Holdings (EIH) has reported robust performance across its portfolio during the past fiscal year, driven by growth in energy, engineering, hospitality, logistics, and sugar production. In the energy sector, the Ethiopian Electric Utility (EEU) added 501,588 new customers, raising its total to 5.2 […]