• Business News

Hibret Bank Earns 1.88bln birr profit before tax for the 2022/2021 budget year, Raises Capital to 20bln Birr

2 years ago

Hibret Bank s.c which conducted it's 25th ordinary meeting on Nov 17, 2022 reported that it has has earned 1.88 billion birr profit before tax for the budget year that ended on June 30, 2022. The total and paid-up capital… Read More

  • Business News

Minimum Insurance Premium Implemented for Insurance Companies

2 years ago

The month of November 2022 will live on in the memories of those who work in the insurance sector. Their painstaking labor finally paid off this month. The central bank granted the insurance managers’ long-standing request to implement a minimum… Read More

  • Uncategorized

High Court orders Abay Bank to pay 306mln Birr to Ethiopian Roads Administration

2 years ago

A year-long court saga between the Ethiopian Roads Administration and Abay Bank S.C. ended with the judges at the Federal High Court ordering the bank to pay 306 million birr. The bank became liable for two advance payment guarantees it… Read More

  • Blog

Leyu Edil (ልዩ እድል) Lottery for November 17, 2022 (ህዳር 07 ፤ 2015) Winning Numbers

2 years ago

A ceremony for Leyu Edil Lottery (ልዩ እድል ሎተሪ) which carries a prize money of 10,000,000 (Ten million) birr for the 1st prize, 5,000,000 birr for second prize and 3,000,000 birr for third prize was held on November 17, 2022… Read More

  • Blog

List of names for 3rd round 40/60 Condominium Lottery Winners Released [PDF]

2 years ago

This is a PDF List of Names for 3rd round 40/60 Condominium Winners in Addis Ababa Ethiopia. Released on Nov 15, 2012 (Hidar / ህዳር 6 ፤ 2015), the list contains list of winners for One bedroom, Two and Three… Read More

  • Blog

List of names for 14th round 20/80 Condominium Lottery Winners [PDF]

2 years ago

This is a PDF List of Names for 14th Round 20/80 Condominium Winners in Addis Ababa Ethiopia. Released on Nov 15, 2012 (Hidar / ህዳር 6 ፤ 2015), the list contains list of winners for studio, one, two and three… Read More

  • Blog

List of names for 14th round 20/80 and 3rd round 40/60 Condominium Lottery Winners Released [PDF]

2 years ago

This is a PDF List of Names for 14th Round 20/80 and 3rd round 40/60 Condominium Winners in Addis Ababa Ethiopia. Released on Nov 15, 2012 (Hidar / ህዳር 6 ፤ 2015), the list contains list of winners for studio,… Read More

  • Blog

14th round 20/80 and 3rd round 40/60 Condominium Lottery for 25,791 houses to be held on Nov 15, 2022 (Hidar 6 ፤ 2015)

2 years ago

Addis Ababa city administration will hold a lottery ceremony for 14th round 20/80 condominium and 3rd round 40/60 condominium registrants on Nov 15, 2022 (ህዳር / Hidar 6 ፤ 2015). 25,791 condominium houses will be available for the lottery ceremony. Read More

  • Blog

Regular Draw Lottery 1672 for Nov 10, 2022 (ህዳር 1 ፤ 2015) Winning Numbers Released

2 years ago

A ceremony for Regular Draw Lottery 1672 (መደበኛ እጣ ሎተሪ) which carries a prize money of 600,000 birr for the 1st prize, 300,000 birr for second prize and 125,000 birr for third price was held on November 10, 2022 (ህዳር… Read More

  • Business News

Hibret Bank and Mastercard Partner to Give Small Businesses A Boost through E-Commerce Payment Solution

2 years ago

Hibret Bank pioneered in launching Hibir e-commerce, a digital payments platform that allows Ethiopian businesses and retailers to accept international card payments for online purchases. Hibir e-commerce is first-of- its kind in the Ethiopian banking industry. This move is expected… Read More