The Commercial Bank of Ethiopia makes History

Ethiopia’s largest commercial bank opened an all-female branch in the capital, Addis Ababa. The CEO of CBE, Ato Bacha Gina, at the inauguration, highlighted the important roles women play in the economy and the need to spotlight them. Gina also revealed the bank’s plans of opening more all-female branches in major regional states and also announced the bank’s intentions of launching an exclusive credit facility for women aimed at promoting women entrepreneurship, the statement further disclosed. Named after veteran banker Leikun Berhanu, the new all-female branch follows a recent trend of having more women at the forefront in workplaces and political positions in a bid to have greater female representation in the Horn of Africa nation with Prime Minister Abiy Ahmed spearheading the campaign.

SOURCES: FACE2FACE AFRICA

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