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[Aug 2017] Dashen Bank 2014 / 2015 Profit Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Dashen Bank Profits 729.3 million Br for 2014 / 2015 Fiscal Year

dashen-bankA year of increasing expenses and capital saw Dashen Bank’s profit barely rise and its earnings per share (EPS) plummet from 670 Br to 589 Br in the 2014/15 fiscal year.

The Bank is also organising its growing branches into districts in a new management system intent on decentralization of decision making. Dashen is the first of the private banks to adopt this system.

Dashen, which is among the top

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