The state owned Commercial Bank of Ethiopia (CBE) inaugurates its Djibouti subsidiary branch yesterday.
Ismaïl Omar Guelleh, President of Djibouti and Bacha Ginir have attended the inauguration ceremony
The inauguration ceremony was held at the presence of, president of the republic of Djibouti, mr. Ismael Omer Gulleh, Bacha Gina, president of Commercial Bank of Ethiopia and the Ethiopian Ambassador to Djibouti.
CBE has opened similar branches in southern Sudan and Somaliland capital towns of Juba and Hargessa.
According to the bank’s president reaching more than 1571 branches throughout Ethiopia, the total asset of the bank is now 721 billion birr.