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[Jan 2017] Addis International Bank Latest Ethiopian News - AddisBiz.Com | Ethiopian Business Guide

Addis International Bank Profits Soar 64pc

Addis International bank s.c profits assets income liabilitiesOne of the latest members of the bank industry, Addis International Bank (AdIB), has enjoyed a successful third year, registering a profit after tax of 44.6 million Br, increasing by 64pc on the preceding year’s 27.2 million Br.

The profit after provision that the bank gained in its first year of operation was 7.3 million Br. The


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