Advertisements

  • Home
  • Business News
  • Bunna International Bank Profits 134.5 million Br for 2014 / 2015 Fiscal Year

Bunna International Bank Profits 134.5 million Br for 2014 / 2015 Fiscal Year

Bunna International Bank SC BIB Ethiopia Addis AbabaBunna International Bank S.C. has registered a 68.2pc increase of it profit after tax totaling 134.5 million Br with its earnings per share (EPS) growing from 227.7 Br to 286.6 Br. Its paid up capital has gone up to 508.3 million Br, making its performance in 2014 / 2015 highly commendable.

Looking at its Balance Sheet the Bank has expanded its total assets to 4.4 billion Br by adding 1.4 billion Br to last year’s performance.

The Bank has reported an overall increase of its income in all of its segments. Interest incomes were up by 70.7 to 308.2 million Br while other sources of income also showed upward movement to 173.8 million Br.

This income has come up at the cost of a raising of expenses to 198.6 million Br from 127.7 million Br. An increase in salaries and benefits has taken the major share with 86.5 million Br

Bunna also managed to disburse loans and advances to the value of 2.4 billion Br and mobilized total deposits of 3.5 billion Br.

Tags: Banks in Ethiopia,, Ethiopian Bank Profit,, Bunna International Bank (BIB),, Bunna International Bank (BIB) Profit,, Ethiopian Banks 2015 Profit,, Bunna International Bank 2015 Profit,

PrintEmail

Featured Companies

Copyright © 2017 AddisBiz.com