Search

Ethiopia’s Commercial Bank Raises Loan Interest Rates 

Allen dreyfus Logo
© Allen Dreyfus
  • CBE increases interest rates on agricultural, business, and export loans starting March 7
  • The move is part of Ethiopia’s broader effort to enhance competition in the financial sector

Addis, Ababa, Ethiopia - The Commercial Bank of Ethiopia (CBE) has announced an increase in interest rates for various loan categories, effective March 7, 2025, as part of a government-led strategy to foster competition in the financial sector.

This article is free to read.


Recent Business

Frehiwot Tamru, CEO of Ethio telecom, and Gaetano Fasciana, Chief Technology Officer of Ascot Energy, during a strategic meeting in Addis Ababa. Photo @ Ethio Telecom.
Ethiopia turns to hybrid energy to power telecom expansion amid digital surge
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
US fintech Wave expands into Guinea to disrupt West Africa pricing
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights