Business News

  • Business News

Wegegan Bank Earns 1.2bln birr profit for 2023/2022 budget year, EPS jumps to 22.7%

Wegagen Bank’s total capital reached Birr 6.9 billion while the paid-up capital increased to Birr 4 billion at the end… Read More

5 months ago
  • Business News

Bunna Bank Earns 1.3bln br Profit for 2023/2022 budget year, Paid-up capital reaches 4.2 bln

Bunna Bank grossed 1.36 billion birr profit before tax for 2023/2022 fiscal year. Profit after tax reached 949.2 million birr while… Read More

5 months ago
  • Business News

Most Profitable, Best Banks in Ethiopia for 2023/2022 Budget Year, Capital, Assets, Loans, Income and other Financial Indicators

Top Banks in Ethiopia Ranking for 2023/2022 G.C (2015 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total… Read More

5 months ago
  • Business News

Global Insurance Company Earns 85.3mln br Profit for 2023/2022 budget year

Global Insurance Company's (Ethiopia) profit before tax for 2023/2022 fiscal year stood at 85.3 million birr while it's net profit… Read More

5 months ago
  • Business News

United Insurance Grosses 390.7mln br Profit before Tax for 2023/2022 F.Y, Increases EPS to 47%

The Profit before income tax for United Insurance Company (UNIC) showed a growth of 89% to reach Birr 390.7 million. Earnings per… Read More

5 months ago
  • Business News

Zemen Insurance Earns 45.9 million birr Profit for 2023/2022 fiscal year, increasing by more than 1,700%

Zemen Insurance Share Company (ZISC) earned 45.9 million birr profit before and after tax for 2023/2022 fiscal year, increasing it's… Read More

5 months ago
  • Business News

Bunna Insurance Registers 59.39 million birr Gross Profit for 2023/2022 fiscal year

During 2022/23 fiscal year, the company registered a gross profit of Birr 59.39 million. This profit amount is 14.43% under… Read More

5 months ago
  • Business News

Hibret Bank Grosses 3.06 billion birr Profit for 2023/2022 F.Y, Almost doubles it’s EPS

In a year which marks the Bank’s 25 years of service, Hibret Bank s.c announced that it has earned 3.06… Read More

5 months ago
  • Business News

Dashen Bank earns 5 billion birr profit before tax for the 2023/2022 budget year

Dashen Bank earns 5 billion birr profit before tax for the 2023/2022 budget year registering 31.9% increase compared to the… Read More

6 months ago
  • Business News

Amhara Bank holds first Shareholders’ Assembly, reports 237mln br gross profit for 2022/2021 budget year, Capital Raised to 20bln br

Amhara Bank S.C reported that for it's 11 days of operation until June 30, 2022 (2022/2021 budget year), the bank… Read More

1 year ago