The state banking giant, Commercial Bank of Ethiopia (CBE) and the Federal Ministry of Health (MOH) have signed an agreement to construct nine health centres in all regional state of the country, at a cost of 70 million Birr. The centres will be finalised in the coming eight months. They are expected to serve 200,000 citizens in all regions.
Currently, the Bank and MOH are undertaking the construction of three health centres in Gambela, Oromia and South Nations Nationalities regional states.
“Only a few contractors voluntarily cooperated with us in partial projects around Addis Abeba. Yet, CBEs far-reaching support is the first of its kind and exemplary for other big corporate institutions in the country,” said Amir Aman (MD), Minister Dieta of MOH.
CBE, which is headed by Bekalu Zeleke, was founded in 1963. The Bank earned a gross profit of 7.8 billion Br in the first six months of the current fiscal year, which makes it the most profitable bank in the country.
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