Graduate Trainee/CBE Noor
IFB Graduate Trainee/CBE Noor
One of the predominant banks operating in Ethiopia is the Commerical Bank of Ethiopia, AKA CBE.
Way before its establishment, the bank was under the State Bank of Ethiopia, which was founded in 1942. That led the way for CBE to be founded separately in 1963, before its unification with the, back then, Addis Ababa Bank in 1974.
The Commercial Bank of Ethiopia has more than 22 million account holders who can be entertained by a number of services. With money digitization in mind, the bank has now more than two and a half million internet banking users as of last year.
CBE is the first bank to introduce modern banking to Ethiopia. It was once the leading African banks with assets of 485.7 billion Birr as of June 30th, 2017. It now has over 1500 branches across the country and plays a significant role in the economic progress and 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. CBE has reliable and enduring relationships with internationally recognized banks across the world.
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.
What is the Role of the Commercial Bank of Ethiopia?
The commercial bank role in Ethiopia is to act as a government representative bank directed to the larger company working with import, and export businesses.
Services Provided by the Commercial Bank of Ethiopia
Commercial Bank of Ethiopia has a range of options. You can go with Ordinary saving, Youth, Teen, Education saving account, and a specific saving account for Women. Choose the type of account that suits you the best.
Saving Account Commercial Bank of Ethiopia
Personal Account
Definition: With a minimum of %7, you can open an interest-bearing account as long as you are satisfying certain legalities and requirements by the bank, either as an individual, association, organization, or company.
Required Document
If you are an individual, you must bring any credentials that verify you, like passport, ID, school ID, etc.
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
Demand Account
Definition: This is a non-interest-bearing account and only literate customers can open such an account. The demand account can be either a checking or current account. In addition to literate customers, legal agents named by the principal can also open and/or operate demand accounts. The process to verify such a legal agent has to go through the bank’s legal department, area offices, or branch managers. Situations determine who verifies that. If all the legal documents are successfully processed, a minimum of 500 birr for a current account, and 1000 birr for others.
Demand Account Types provided by the Commercial Bank of Ethiopia
Some terminologies might be difficult to understand. However, it can be easily understandable depending on your need. You can have an ordinary demand deposit, special-demand deposit, or ECX related accounts. These are the three types of demand accounts provided by the Commercial Bank of Ethiopia.
CBE Birr is a mobile banking services streamed by Commercial Bank of Ethiopia through banking agents. The bank selects, trains and authorizes agents to provide banking services on behalf of the bank through a mobile phone. CBE Birr (Wallet Account) account is a type of pre-paid account in which a user can store his/her money for any future transaction. Account is protected with a PIN. With the help of an CBE Birr, one can make payments for groceries, online purchases, and flight tickets, among others.
About Vacancy Details
Graduate Trainee/CBE Noor
IFB Graduate Trainee/CBE Noor
Full Time
Commercial Bank of Ethiopia
Commercial Bank of Ethiopia Vacancy Fresh Graduates
Commercial Bank of Ethiopia would like to invite Fresh Graduates and interested candidates for the following job Position.
Commercial Bank of Ethiopia Vacancy Fresh Graduates 2022:
Position: IFB Graduate Trainee/CBE Noor
Qualifications: MA/MBA/M.Sc in Marketing, Management, Economics, Banking, and Finance or any other Business Related fields
Experience: 0 Years / No work experience is required/Fresh Graduates/
Location: head office
How To Apply:
Interested and qualified applicants should apply through the CBE career website https://vacancy.cbe.com.et and are required to attach a Degree document, curriculum vitae, work experience, 8th-grade certificate document, and other necessary credentials within ten consecutive working days from the date of this vacancy announcement. However, the bank has the full right to cancel or take any other alternative in this regard.
Only shortlisted applicants will be communicated for exams and interviews.
All documents should be scanned in pdf or Docx formats only and the size of the documents should be less than 2MB.
A detailed guide on how to apply is available on below post:
Commercial Bank of Ethiopia Vacancy Applicants Guideline
Commercial Bank of Ethiopia External vacancy application New guideline. Please follow the below steps to submit your application successfully. Step 1: Enter CBE site on the address bar and then search. https://vacancy.cbe.com.et/
If your qualification details match to the vacancy requirement you will receive success message as shown above. You can find your applications listing under “
Opend Date: Date: August 08, 2022-
Closed Date:August 18,2022
Enployment:Full Time
Location: Addis Ababa