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Some private banks have stated out that their half year performance has improved compared to last year’s half year performance. Out of the 16 private banks, Awash Bank leads the pack with 2 billion birr gross profit for the 2020 / 2019 half year. Dashen Banks follows with 1.16 billion birr. Other banks have had an improved gross profit compared to last year’s performance.
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While it has been a few months since the last budget year closed (July 08, 2018 – July 07, 2019 / ሐምሌ 1፡2010 – ሰኔ 30፡2011), not all banks have disclosed their financial statements. The following is Ethiopian banks’ profit before and after tax for the 2019 / 2018 fiscal year.
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Three private banks passed the 1 billion birr mark in gross profits for the first time namely...
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Awash Bank has earned 1.96 billion birr gross profit for the 2018 / 2017 budget year. This makes...
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Gross and Net Profit / Earning for Private Ethiopian Banks for 2018 / 2017 fiscal year. Rank Bank...
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Awash Bank, the first private bank in Ethiopia, maintains its top position in the industry,...
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