• Business News

Bunna Insurance Earns 45.8mln birr for 2022/2021 G.C (2014 E.C) budget year, Raises Capital to 1bln Birr

3 years ago

Bunna Insurance, one of the private insurance companies that started it's operation 10 years ago reported that it has earned 45.8 million birr in profit before tax for the 2022/2021 G.C (2014 E.C) budget year, which is 24.36% higher than… Read More

  • Blog

Regular Draw Lottery 1673 for Nov 24, 2022 (ህዳር 15 ፤ 2015) Winning Numbers Released

3 years ago

A ceremony for Regular Draw Lottery 1673 (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 24, 2022 (ህዳር… Read More

  • Business News

Best Banks in Ethiopia for 2022/2021 Budget Year

3 years ago

Top Banks in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total Capital, Total Income and Expense, Profit before and after tax and Earning per share (EPS) which determines Dividend or Return… Read More

  • Business News

Abay Bank Grosses 1.3Bln Br Profit for 2022/2021 fiscal year, Raises capital to 12bln Br

3 years ago

Abay Bank has earned 1.3bln br profit before tax for the 2022/2021 budget year decreasing it's earning per share (EPS) from 333.5 for the previous year to 295. The Bank’s shareholders endorsed raising the Bank’s capital to 12 billion Birr.… Read More

  • Blog

Best Insurance Companies in Ethiopia for 2022/2021 Budget Year

3 years ago

Top Insurance Companies in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Assets, Gross premiums, Capital, Profit before and after tax and Earning per share (EPS). Compare Ethiopian Insurance Companies Annual Financial Performance Report for 2022/2021… Read More

  • Business News

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

3 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

3 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

3 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

3 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]

3 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