Construction and Business Bank S.C. (CBB) is a wholly government–owned public enterprise and successor of the Housing and Savings Bank (HSB) which was formed in 1975 through the merger of two financial institutions namely, Imperial Savings and Home Ownership Association, and Savings and Mortgage Corporation of Ethiopia which were nationalized at the on-set of the socialist era of Ethiopia.
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Construction & Business Bank Offers various banking services apart from its highly reputable long term loan services. Basically, it offers the following banking services.
CBB’s total assets, loans and advances and deposits grew to Birr 1,885.2 million, Birr 1,325.7 million and Birr 1,136.4 million as at end of June 30, 2007 from Birr 689.8 million, Birr 510.0 million and Birr 356.9 million in 1994 respectively
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