Business News

Bunna International Bank Earns 311ml Br Net Profit for 2018 / 2017 FY

Bunna International Bank has managed to earn 427.2 million birr gross profit by collecting 1.39 billion birr in revenues.

The bank registered 311.6 million birr profit after tax which in a huge increase from the  236 million birr net profit earned in 2017 / 2016.

The bank earned 121 million usd from international banking which was a 23.3% increase compared to the previous year.

Bunna’s assets have reached 13 billion birr. The bank is in the process of building a head quarter building in Addis Ababa and has already float a bid. Two Chinese and one local construction company are participating in the tender.

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