The construction of the headquarters of the Commercial Bank of Ethiopia (CBE) nears completion and is ready to be Inaugurated, sources said. It has been under construction for six years.
Built with a cost of over a quarter of a billion dollars, the country's tallest building is now almost completed, except for some finishing works, which are likely to be completed in days. Sprawled on 150,000sqm of land, theĀ 200m tower has 46 storeys with two 5-storey podiums.
With over 1.2 trillion Br in assets, the Bank has reported a profit of almost seven billion Br in the first quarter of this financial year, achieving 148 percent of its target for the reporting period.