Awash bank, the biggest private bank in terms of profit has managed to earn 4.19 billion birr gross profit for 2020 / 2019 fiscal year, keeping it’s number one spot for the last 3 years. The bank managed to disperse loans worth 56.8 billion birr.
The bank managed to attract 716,000 new customers for the recently ended fiscal year. The total deposit of the bank has reached 73.6 billion birr.
The bank managed to collect revenue of 10.2 billion birr, up by 30% from the previous year. The total assets of the bank reached 95.6 billion birr, which showed an increase of 15.93 billion from the previous year.
Awash Bank’s paid up capital has reached 5.84 billion birr while the bank’s number of branches is currently 466.