Nib International Bank has managed to earn 1.4 billion birr before tax for the 2020 / 2019 fiscal year, showing an increase of 37% compared to the previous year. The bank also managed to increase it’s total deposit to 33.2 billion birr showing an increase of 21.5%.
The bank’s total assets have reached 72 billion birr while the paid up capital increased from 2.6 to 3.4 billion birr. The total capital of the bank increased from 4.4 to 5.8 billion birr.
The bank increased it’s number of branches to 300 while it’s number of customers reached 1.2 million customers.