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Abay Bank S.C. Profits 93 million Birr

Abay Bank S.C announced a 93 million birr gross profit made in the first six months of this fiscal year.


The total capital of the bank reached 579 million birr, the paid up capital reaching 486.7 million birr and…

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Eth-Switch to Begin Pilot Trial

The much anticipated Eth-Switch, which is expected to centralize all banks’ online real-time and electronic (CORE) banking solutions, is to commence its pilot project on May 28, 2015.

Banks such as Oromia International Bank S.C (OIB) have been working with…

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