The purpose of this study is to investigate the effects of training and development on employeernperformance of Commercial Bank of Ethiopia. The main objective of training and development isrnto improve employee knowledge and the skills for their better performance. The performance isrnmeasured in terms of the improvement in motivation, efficiency and the Employee JobrnSatisfaction. The study was done based on primary and secondary data sources. A selfadministeredrnstructured questionnaire was designed to collect the relevant information from thernrespondents. The collected data were analyzed using descriptive statistics and multiplernregressions. Regarding the frequency of training provided, many respondents, i.e., 93 out of 282rnrespondents avowed that they took training for one or two times. This may retard therneffectiveness and motivation of employees of the organization. Regarding the methodsrnimplemented to deliver trainings, the company mostly used a trainer centered (lecture) in whichrn67 percent (189 out of 282 respondents) affirmed that they took trainings through lecture.rnThe findings on the Effect of Training on Employee Performance are generally significant.rnRespondents’ response shows that the job instructions prepared by the organization are clearrnand easy to apply, and they believe also that they receive enough guidance from their peer andrnsupervisors.rnKey words: On-the-Job training, Off-the-training, training design, employee performance