Commercial Bank of Ethiopia Stories

Ethiopia licenses first investment banks, expands capital market services
Ethiopia licenses first investment banks, expands capital market services
Addis Standard  |  Mar 22, 2025

The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks.

AU thwarts $6 Million fraud attempt targeting Ethiopian bank accounts
AU thwarts $6 Million fraud attempt targeting Ethiopian bank accounts
Amina Wako  |  May 01, 2024

These falsified documents indicated the funds were intended for construction and water drilling projects.

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