• Business News

Berhan Bank Earns 707.5mln br Profit Before Tax (553mln br after tax) for 2020/2019 budget year

5 years ago

Berhan Bank reported that it has earned a gross profit of 707.5 million birr for the 2020/2019 budget year, making it's net profit 553.1 million birr. The Bank's earning per share (EPS) reached 258.8 birr. Read More

  • Business News

Berhan Insurance Grosses 33.7 million birr profit before tax for 2020/2019 budget year

5 years ago

The company earned 33.7 million birr before tax for the 2020/2019 budget year which is an increase of 9.4 million birr compared to previous year. Berhan Insurance has reported that it has earned a gross written premium of 139.8 million… Read More

  • Business News

Bunna International Bank Nets 440.23 million birr Profit for 2020/2019 f.y

5 years ago

Bunna International Bank has reported that it has earned a profit before tax amounting 582 million birr, making the net profit 440.29 million birr. This is the first time the company's profit declined in it's 11 years of operation. The… Read More

  • Business News

Africa Insurance Nets 45 million birr Profit for the 2020/2019 budget year

5 years ago

Africa Insurance, one of the first insurance companies in Ethiopia has reported that it has earned more than 45 million birr for the 2020/2019 budget year. The company reported a loss of 2.8 million birr for the previous budget year. Read More

  • Business News

Tsehay Insurance Earns 30.2 million birr Net Profit for 2020/2019 budget year

5 years ago

Tsehay Insurance has reported that it has earned a gross written premium of 323 million birr. This amount is an increase of 23 million birr or 8% compared to the previous budget year. The net profit of the bank reached… Read More

  • Business News

Zemen Insurance Earns 18.3 million birr profit in it’s first year of operation (2020/2019 budget year)

5 years ago

Zemen Insurance Company, the latest company to enter the Ethiopian insurance sector has reported that it earned a profit of 18.3 million birr. In it's 6 months of operation, the company only managed to collect an income of 161,840 birr… Read More

  • Blog

Liyu Lottery (20 million) for Dec 2020 (Tahisas 2013) Winning Numbers

5 years ago

A ceremony for The Liyu Edel (ልዩ ዕድል) Lottery which carries a prize money of 20,000,000 (20 million) birr for the 1st price, 10 million for second, 5 million for third and more was held December 09, 2020 (Hidar 30,… Read More

  • Business News

Abyssinia Bank Earns 1.08 billion birr gross, 853.64 million birr Net Profit for 2020 / 2019 budget year

5 years ago

Abyssinia Bank has earned a net profit of 853.64 million birr for the 2020 / 2019 budget year. The Bank's earning per share (EPS) [25 birr each] has slightly decreased from 7.23 to 7.20 birr. The bank managed to collect… Read More

  • Business News

Hibret Bank Earns 1.12 billion birr gross, 893.5 million birr Net Profit for 2020 / 2019 budget year

5 years ago

Hibret / United Bank has earned more than 1 billion birr in gross profit for the first time in it's time operation. The bank managed to earn 1.12 billion birr gross profit and a net profit of 893.5 million birr… Read More

  • Business News

Bunna Insurance Earns 20 million birr net profit for 2020 / 2019 budget year

5 years ago

During 2020/2019 budget year, Bunna Insurance has earned a net profit of 20.05 million birr which is 68% of the planned 29.62 million birr. The current year's profit is also 28% lower than last year's profit of Birr 27.92 million.… Read More