Commercial Bank of Ethiopia | Sustainability Performance
A commercial bank providing retail and corporate banking services including deposits, loans, and payment solutions.
1963
Ethiopia
1,001 - 5,000 employees
Banking
$1B - 10B in revenue
$100M - 500M in profitability
Sustainability Ranking & Industry Benchmark
#13376
Overall#3
in Ethiopia#493
in BankingSustainability Maturity
Sustainability Intent
Overview
Controversy level
- A March 2024 software glitch enabled customers to withdraw or transfer tens of millions of dollars they did not own over several hours before controls were restored, with the bank subsequently pursuing recovery from thousands of mostly student customers and prompting concerns about authentication and transactionmonitoring controls.
Reporting
Not reporting on Sustainability
Not committed to key sustainability initiatives