Aug 30 , 2025
Nib International Bank has partnered with CBE Capital, the investment arm of the Commercial Bank of Ethiopia (CBE), to expand investment banking services and shore up its finances. The deal covers advisory services, seeking to strengthen Nib’s balance sheet, attracting capital, and positioning the bank in a modernising financial sector. The partnership follows a difficult year for Nib, where net profit dropped 36pc to 957.9 million Br and deposits shrank, despite paid-up capital climbing to 7.6 billion Br. Liquidity strains and governance challenges have also weighed on performance. "This partnership comes at a crucial moment as we work to navigate challenges and strengthen our position," said Henok Kebede, CEO of Nib. CBE Capital CEO Zemedeneh Negatu added the agreement reflects "a commitment to providing advisory services that empower Nib to capitalise on strategic opportunities and deliver long-term value."
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