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A ceremony for Regular Draw lottery (መደበኛ እጣ ሎተሪ) 1666 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 August 18, 2022 (ነሐሴ / Nehase 12, 2014).
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Goh Betoch Bank managed to earn 6.3 million birr profit in it’s first year of operation despite working only for a few months. The bank that has four branches including the one in Dire Dawa began providing loans in the fourth quarter of the financial year and disbursed over 300 million birr in this short period, while the deposit mobilization was about 260 million birr.
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Wegegan Bank is back on track as it registers a 1.4 billion birr gross profit in the just-ended fiscal year. A strong rebound in the performance of the 25-year old bank boosted the profit of the bank by a staggering 1.3 billion birr.
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Commercial Bank of Ethiopia (CBE) Reported that it earned 27.5bln birr Gross Profit for 2022/2021 f.y. The bank’s assets reached 1.2 trillion birr while it’s capital reached 59.1 bln birr.
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Raxio Ethiopia, the nation’s first hyperscale ready Tier III carrier neutral data centre, today hosted Executives of Ethiopian financial institutions to discuss business and technology challenges and share solutions from which the financial sector can benefit.
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Oromia bank receives a Quality Choice Award of 2022 from the European Society for Quality Research (ESQR) in Barcelona, Spain. This international quality award is unique as it is the first international Quality award in the history of the Bank.
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40/60 and 20/80 Condominium Lottery Held on July 8, 2022 Canceled and Annulled due to Fraud and Cheating. በአዲስ አበባ ሰሞኑን የወጣው የጋራ መኖሪያ ቤቶች ዕጣ ውደቅ ተደረገ።
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A number of banks in Ethiopia have reported their gross profit before taxes and other deductibles for the 2022 / 2021 G.C (2014 E.C) budget year which ended on June 30, 2022 G.C (ሰኔ 2014). We compiled this report and also estimated the profit of the remaining banks by carefully analyzing previous year’s performance and current year’s quarterly or half-year reports.
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Amhara bank which has the largest number of shareholders from any bank in Ethiopia will officially start it’s operations on June 18, 2022 (Sene 11:2014)
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Fuel prices have been increased from 31.74 birr for benzine and 28.98 birr for diesel to 36.87 birr per liter for benzine and 35.43 birr per liter for diesel starting from May 08, 2022 (Miazia 30, 2014 E.C).
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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 52.5846 | 53.6363 |
 Euro(EUR) | 50.3603 | 51.3675 |
 Pound Sterling(GBP) | 53.7787 | 54.8543 |
 UAE Dirham(AED) | 12.9561 | 13.2152 |
 Saudi Riyal(SAR) | 12.6365 | 12.8892 |
