Commercial Bank Of Ethiopia branches are open from Monday to Friday from 9 AM to 5:30, while some selected branches are open on Saturday. COMMERCIAL BANK OF ETHIOPIA Address Kebele 1, P.O.Box 255, Addis Ababa, Ethiopia View Map Phone Number +251 11 551 5004 +251 11 551 1271 +251 11 515 1113 Fax +251 11 551 4522 +251 11 550 4588 Website https://www.facebook.com/combanketh/ Working hours Wednesday: 8:30 am - 5:30 pm See All Share this listing 0.0 This company has no reviews. This includes the institution's location as well as every branch's physical address. You can contact Commercial Bank Of Ethiopia - Bole Medhanialem Branch by phone using number 011 618 0272. Commercial Bank Of Ethiopia branches are open from Monday to Friday from 9 AM to 5:30, while some selected branches are open on Saturday. View Christian Samuel's email address: sxxxxxxc@combanketh.com & phone: +251-xxx-xxx-7770's profile as Customer Relations Officer at Commercial Bank of Ethiopia, located in Ethiopia. Oromia International Bank-Lancha Branch (Baankii Internaashinaalii Oromiyaa), 4 killo King George VI St, Addis Ababa, Ethiopia. Istisna is a contract of sales and purchase of assets by specification or order where the price is paid in advance but the assets are manufactured or produced and delivered at a later date. Commercial Bank of Ethiopia (Finfine Branch) (Bank) Kirkos Addis Ababa, Ethiopia GPS: Lat 9.014136 / Lon 38.753145. Should be in the possession of valid trade license for import /export as appropriate or business license or investment or industry license or must exist in the list of budgetary government organizations issued by the National Bank of Ethiopia. Ownership of the goods passes to the customer upon delivery by the Bank. Such an account is a non-interest bearing account and can be used for payments within Ethiopia (local payments) as two types have an interest, namely Fixed Time Deposit and Non-Repatriable Diaspora account. 2,314 likes. You can contact the branch directly at +251951, or can visit the branch which is located at Dilla Oromiya. Monday: 8:30 AM - 5:30 PM Tuesday: 8:30 AM - 5:30 PM Wednesday: 8:30 AM - 5:30 PM Thursday: 8:30 AM . Know more about Commercial Bank Of Ethiopia We recommend using Wise, formerly TransferWise, which is up to 5x cheaper and gives you a great rate. Micro-Finance Institutions should also ascertain that they are legally registered with the National Bank of Ethiopia and abide by and meet all relevant policies and directives of the National Bank of Ethiopia regarding: As a notice, such institutions must know that they are legally registered with the NBE (AKA: National Bank of Ethiopia) and that they are following the policies and commands of the NBE for: Reserve, Liquidity, Capital adequacy, and Minimum paid-up capital requirements, and any other requirements set by the National Bank of Ethiopia. Branch Network POS CBE Birr Agents Cbe Noor Branches. A swift code can be formed with either 8 or 11 characters. 2022 ethiopiabranches.com (ethiopia Branches Directory) - All Rights Reserved. In addition, Islamic law prohibits investing in businesses that are considered unlawful, or haraam (such as businesses that sell alcohol or pork, or businesses that produce media such as gossip columns or pornography, which are contrary to Islamic values). If all the legal documents are successfully processed, a minimum of 500 birr for a current account, and 1000 birr for others. Tell us what you are looking for so we can improve our services in the future. Payment by the customer is in one or more pre-determined installments at agreed points in time. The Bank will guarantee repayment of the whole sum or any outstanding part in the depositor account without any interest when demanded. Present an up-to-date identification card, driving license, or passport. Commercial bank of Ethiopia (Jigjiga branch ) (Bank) Addis Ababa, Ethiopia. If you are a Private Limited Company, you must possess any documents that ensure that you are a PLC, like a work permit paper, legal business opening file, etc. The Commercial Bank of Ethiopia has a well-built correspondent relationship with renowned foreign banks like Commerz Bank A.G., Royal Bank of Canada, City Bank, HSBC Bank, it also has a SWIFT bilateral arrangement with more than 700 others banks throughout the world. Some terminologies might be difficult to understand. Commercial Bank of Ethiopia About CBE The history of Commercial Bank of Ethiopia (CBE) dates back to the establishment of the State Bank of Ethiopia in 1942. Find complete Details of Commercial Bank Of Ethiopia Addis Ababa Branch . 612 Yosef Broz Addis Ababa, 14 Ethiopia See other locations Ownd By Commercial Bank of Ethiopia info@commercialnominees.com +251111563408 6630 Home About Us Services Info Hubs Media Announcement Contact Us Branch Address Home Pages Branch Address 0344-40-49-53 0344-41-60-42 1068 0462-20-97-68 0462-20-38-64 1663 0221-11-15-35 0221-11-90-15 254 0251-11-30-39 0251-11-30-42 2306 0582-20-70-02 0582-26-65-54 2167 Our Business Hours: Mo-Sa 08:30-18:00 . Wednesday: 10:00 am - 4:00 pm. Personal Internet Banking Services to Individual Customers. Non-Resident Transferable for Birr Account, AKA (NR-T Birr), Non-Resident Non-Transferable for Birr Account, AKA (NR-NT Birr), Non-Resident Transferable foreign currency, AKA (NR-T). The following must verify their ownership to legally have a Diaspora account in Ethiopia: Emigrant(refugee) Employees of International Organizations. Commercial Bank of Ethiopia @combankethiopia The leading bank in Ethiopia, established in 1942. To become a word class commercial bank by 2025 There are 5 types of Diaspora account that the Commercial Bank of Ethiopia provides for its customers: For investment loan, Commercial Bank of Ethiopia offers a wide range of options: The Commercial Bank of Ethiopia might extend the loan to Idea Financing loans to up to a maximum period of 10 years, with a one year grace period Continuing with the options that CBE offers as loan investment, which includes: Definition: Basically, they are organizations that have some sort of engagement in supplying financial services such as savings and credit to the low-income (poor) division of the community. If they have an account with CBE, the transfer will be transferred to their account. Make an Appointment. Construction and Business Bank Ras Mekonen St, Addis Ababa, EthiopiaCoordinate: 9.0118119, 38.7550557, 3. The seller draws the number up to a declared sum of money within an expressed time duration and against specific documents. Definition: Inward and outward funds transfers are received in CBE via S.W.I.F.T (The society for worldwide interbank Financial Telecommunication) which is one of the largest financial messaging systems in the world. 2022 ethiopiabranches.com (ethiopia Branches Directory) - All Rights Reserved. Services: CBE offers trade services in the form of: This is a written letter vow by CBE that is given to the seller if the buyer asked for a payment to be made, or receive and pay bills as an exchange (AKA draft). You can contact Commercial Bank Of Ethiopia - Bole Medhanialem Branch by phone using number 011 618 0272. 821 followers 500+ connections. Commercial Bank Dejach Wube Branch Piazza, Addis Ababa, EthiopiaCoordinate: 9.041611, 38.7540336. To be eligible for micro-finance loans by CBE, an institution should have an excellent loan portfolio in terms of savings, loan approvals, best recovery practices, and similar measures and indices. you might get a bad exchange rate and pay high fees. Commercial Bank of Ethiopia (CBE) is the leading bank in Ethiopia. Address, : Cameroon St, Addis Ababa, Ethiopia. Branch Name. Import:- it is available by observation of payment/negotiation, payment/deferred payment*/acceptance payment*. The BIC Code is important because it serve as the BIC code as well. Daga Estifanos Branch Amhara. The term Interest-Free banking refers to a system of banking that is consistent with Islamic law (Shariah) principles and guided by Islamic economics. Sunday - Thursday (Except Holidays) Note: Branch service hours may vary and are subject to change without any notice by the respective bank. You can definitely obtain convenience in terms of doing any bank transactions such as money transfer, deposit, withdrawal and many more if you able to verify the BIC Code of the bank. commercial bank of ethiopia branches telephone number. [1] Discussions can happen on the interest rate for the credit given to micro-finance institutions. In January 1934 Stalin promised the first U. Branches for COMMERCIAL BANK OF ETHIOPIA in Ethiopia - Wise Branches for COMMERCIAL BANK OF ETHIOPIA in Ethiopia Below you can find the local branches for COMMERCIAL BANK OF ETHIOPIA in Ethiopia. Commercial Bank Of Ethiopia - Bole Medhanialem Branch. Commercial Bank Of Ethiopia - Bole Medhanialem Branch is a Bank, located at: Cameroon St, Addis Ababa, Ethiopia. When you browse the swift code database on this website, not only will you be able to locate the BIC code of the institution in question, but you will also be able to find out a plethora of other information related to it. In addition to this, you will be able to find out both the country and city of origin. The Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia. Total Number of Customers Number of Retail Customers . Commercial Bank of Ethiopia (CBE) Services Review in 2023 cbe awash USD 53.7176 54.792 GBP 61.7297 62.9643 EUR 56.9299 58.0685 AED 13.2353 13.5 NOK 4.702 4.796 SAR 12.957 13.2161 SEK 4.654 4.7471 CAD 35.9255 36.644 abay USD 53.7531 54.8282 EUR 57.0428 58.1837 GBP 64.9821 66.2817 CHF 57.3366 58.4833 AUD 36.149 36.872 AED 14.6347 14.9274 CNY 7.7476 Our . You can use the Google Maps navigation app: Commercial Bank Of Ethiopia, Edna Mall Branch, Get directions to Commercial Bank Of Ethiopia, Edna Mall Branch. This SWIFT BIC code list was searched 181 number of times in the past. Export:- payment available by observation of negotiation/acceptance of bills. The state-owned Commercial Bank of Ethiopia (CBE) dominates the market in terms of assets, deposits, bank branches, and total banking workforce. By making use of these a customer can obtain money for: Guarantee: The Bank makes available guarantees such as advance payment guarantee, bid bond and performance bond; and it may request collateral for the services. Phone: (+251) 11-157-6896. Commercial Bank Of Ethiopia branches are open from Monday to Friday from 9 AM to 5:30, while some selected branches are open on Saturday. This also has to go head to head with payments and/or acceptance or other term and condition sets, which has: This is a way in which a seller gets payment from a buyer before shipment of the agreed on goods, or rendering service takes place. Generally speaking, most of the time, you will only need the eight-character swift code, that consists of 3 parts: the identifier of the institution (4 characters), the identifier of the country (2 characters), and the identifier of the location (2 characters). A secure network for transmitting messages between financial institutions by sending payment orders which must be settled by correspondent accounts that the financial institutions have with each other. 24/7 Customer support Commercial Bank of Ethiopia +251-115-515004 / +251-111-228755 cbe@combanketh.et Fax: +251-115-514522 / +251-111-228966 SWIFT Code: CBETETAA Visit Official Website The Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia As of June 2015, it had about 303.6 billion Birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Bahir Dar, Ethiopia, phone, opening hours, photo, map, location. Commercial Bank of Ethiopia has a range of options. Using CBE's Internet Banking facility, customers will benefit from our Personal and Corporate Internet Banking services that are available, 24 hours a day, 7 days a week, from any location Banking Made Easy 24/7 ACCESS, ANYWHERE! Want to Add / Edit or Remove your Listing? Email us at. In the case of the non-government organizations, a certificate issued by the Ministry of Justice, Regional Governments, and offices authorized by proclamation. Customers that request the above products of Trade Service, except guarantee should fulfill the following criteria: Allows companies the ability to reassure end parties the ability to contractually pay and finance larger projects. Senior Care professionals profiles. Searching through our website is incredibly easy. Find contact's direct phone number, email address, work history, and more. Choose the type of account that suits you the best. Check the CBETETAADOC SWIFT / BIC code details below. Customer confidence and trust on the services delivered determines profitability of a bank. Interest-free banking is available to all customers who want to make use of alternative banking services. Country code A-Z 2 letters representing the country the bank is in. Commercial Bank Of Ethiopia - Bole Medhanialem Branch is a Bank, located at: Cameroon St, Addis Ababa, Ethiopia. This is an interest-free current account opened for an unspecified length of time and managed through checks until the depositor demands payment and is paid promptly/right away. Comercial Bank of Ethiopia (Abay mado branch) A3, Bahir Dar. Through having accurate and complete information about the bank identifier codes database surely you can have the capacity to locate any BIC Code of the bank. Messay Solomon's Phone Number and Email Last Update. Its ATM service is all around which makes it easy to withdraw money wherever you go. Saturday: Closed. What is the phone number of Comercial Bank of Ethiopia Arat Killo Branch? Local beneficiaries of hawallah can collect money sent to them through branches of the Bank from any part of the country from the closest branch that has interest free banking window and could similarly send money using this service. The online services include: Using CBEs Internet Banking facility, customers will benefit from Personal and Corporate Internet Banking services that are available, 24 hours a day, 7 days a week, from any location. The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. +251951. Mudharabah is a profit-sharing fixed time deposit. Should maintain a current account with the bank. In line with this, the Bank will deliver industrially produced goods or assembled and constructed items as per the orders/specifications of the customers when they are finalized by the producers. Since then, it has been playing signicant roles in the development of the country. CBE is also the first bank to introduce Western Union Money Transfer Services in the country and currently working with more than twenty money transfer agents like Atlantic International, Xpress Money, and Money Gram. Trade services can now be found on all the branches of CBE with hired customer service officers. Use the BIC Code of the bank safely through the use of the check tool and the IBAN details lookup. Commercial Bank Of Ethiopia, Edna Mall Branch is a Bank, located at: Addis Ababa, Ethiopia. A SWIFT code (or BIC code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. In particular, Islamic law prohibits usury, the collection and payment of interest, also commonly called riba in Islamic discourse. Give the full name and address of the beneficiary (including grandfather name), State the nearest branch to the beneficiary (for inward collection of funds), State the account number of the beneficiary (for inward transfer to account), State the S.W.I.F.T code of Commercial Bank of Ethiopia (CBETETAA). Commercial Bank Of Ethiopia branches are open from Monday to Friday from 9 AM to 5:30, while some selected branches are open on Saturday. SwiftBIC.com | Last update on Mar 4, 2023 Borkena Ethiopian News. These correspondent accounts are held in the network of correspondent Banks (Link here to the table of correspondent banks), What the sender has to do when sending money to Ethiopia, For foreign remittance in CBE, there are over 700 correspondent banks and 50 Nostro accounts. Continue with Recommended Cookies, Commercial Bank Of Ethiopia, Edna Mall Branch is a Bank, located at: Addis Ababa, Ethiopia. The Commercial Bank of Ethiopia has announced that we will open the registration for the Cash Office Attendant for those who have not been able to register one and last time. Ethiopia -Esat Amharic News Nov 2 Wed 2022. Thursday: 10:00 am - 4:00 pm.