The Commercial Bank of Ethiopia (CBE) inaugurated yesterday the country’s second ever full-fledged interest-free banking (IFB) branch dubbed ‘Mecca Branch’ in Addis Ababa in a view to satisfying the growing demand for Islamic finance.

During the inauguration ceremony, CBE’s President and CEO Bacha Gina said that the opening of the branch showcased the Bank’s engagement to address customer’s requests and run the business independently from the conventional wing.

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