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

Pile of gold bullion coins and bars. Photo by Zlaťáky @ Unsplash
DR Congo opens first gold refinery to enhance value addition
Read More »
Oil train. Photo by Jakub Pabis @ Unsplash
Iran war shock: Why Africa’s economies are suddenly in the firing line
Read More »
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda’s Development Bank launches $17.7m sustainability-linked bond to deepen green finance
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights