All private banks in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 2021 G.C (ሰኔ 2013). We have compiled the banks gross and net profit for the… Read More
Awash Bank has reported that it has earned 5.58 billion birr gross profit for the 2021 / 2020 fiscal year. The bank's deposit reached 107.7 billion birr which is the highest deposit for a private bank in Ethiopia. Read More
Abyssinia Bank has reported a that it has earned a 2.87 billion birr gross profit, which is a record high for the bank. The bank also managed to add 2.5 million new customers which is a very impressive figure for… Read More
A ceremony for Tombola lottery (ቶምቦላ ሎተሪ) which carries a prize of 3 bedroom apartment for the 1st prize, 2 bedroom apartment for second prize and 60 seater bus for third price was held on June 05, 2021 (Sene 28,… Read More
Cooperative Bank of Oromia has reported 2.39 billion birr gross profit for 2021 / 2020 fiscal year. The bank's paid up capital has reached 4.6 billion which makes it one of the top capitalized banks in Ethiopia. Read More
A ceremony for Regular Draw lottery (መደበኛ እጣ ሎተሪ) Lottery which carries a prize money of 1,000,000 (one million) birr for the 1st prize, 500,000 birr for second prize and 250,000 birr birr for third price was held on June 01,… Read More
National Election Board of Ethiopia (NEBE) has announced that the 6th national election will be held on June 21, 2021 G.C. In a statement issued by NEBE, the election was rescheduled due to 'circumstances related with distribution of materials, security… Read More
A ceremony for Liyu / Leyou lottery (ልዩ ሎተሪ) Lottery which carries a prize money of 7,000,000 (7 million) birr for the 1st prize, 3 million birr for second prize and 1 million birr for third was held May 24, 2021… Read More
The National Bank of Ethiopia (NBE) has directed new entrants to the banking industry to increase their paid-up capital to 5 billion birr 7 seven years. Currently, 20 banks are under-formation, another four are waiting for an approval from the… Read More
A ceremony for Tinsae lottery (ትንሳኤ ሎተሪ) Lottery which carries a prize money of 5,000,000 (5 million) birr for the 1st prize, 2.5 million birr for second prize and 1.25 million birr for third was held May 01, 2021 (Miaziya… Read More