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CBE’s Gross Profit of 2.8b Br

The Commercial Bank of Ethiopia (CBE) registered yet another record gross profit of 2.8 billion Br in the 2009/10 budget year.

The financial result, which is yet to be audited, showed a slight increase in the gross profit of the previous year that stood at 2.7 billion Br, which in turn was significantly higher than the preceding year when the gross profit was 1.9 billion Br.

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