What is the background of commercial bank of ethiopia?

Question: What is the background of commercial bank of ethiopia?

Commercial Bank of Ethiopia (CBE) is the largest commercial bank in Ethiopia and one of the leading banks in the region. Established in 1916 as the Imperial Bank of Ethiopia with the enactment of Proclamation No. 12, CBE has developed into the vanguard of modern banking practices with a comprehensive range of financial services. CBE has a nationwide reach with over 650 bank branches and over 2,000 ATMs in all parts of Ethiopia. In addition, CBE also has a presence in South Sudan and Djibouti. It provides a wide range of services such as deposits, loans and advances, foreign exchange, payments, cash management services, LC & guarantees and many more.

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