[Sep 2023] Awash Bank Profit Latest Ethiopian News

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

Jul 19, 2023 | 0

Top Banks in Ethiopia Ranking for 2023/2022 G.C (2015 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total Capital, Total Income and Expense, Profit before and after tax and Earning per share (EPS) which determines Dividend or Return on Equity (ROE). Compare Ethiopian Banks Financial Performance by analyzing their annual report for key indicators such as Total Loans & Advances, Total Deposit, Number of branches, Employees and Number of account holders for 2023/2022 G.C (2015 E.C) fiscal year.

Awash Bank Grosses 7.45bln birr Profit for 2022/2021 Budget Year, Raises Capital to 55bln Birr

Nov 26, 2022 | 0

Awash Bank reported that it has earned 7.45 billion birr profit before tax for the 2022/2021 budget year up by 2.6 Billion compared to the previous year. In it’s annual shareholders’ meeting held at Hilton Hotel on Nov 26, 2022, the company’s shareholders decided to raise the bank’s capital to 55bln birr.

Best Banks in Ethiopia for 2022/2021 Budget Year

Nov 24, 2022 | 0

Top Banks in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total Capital, Total Income and Expense, Profit before and after tax and Earning per share (EPS) which determines Dividend or Return on Equity (ROE). Compare Ethiopian Banks Financial Performance by analyzing their annual report for key indicators such as Total Loans & Advances, Total Deposit, Number of branches, Employees and Number of account holders for 2022/2021 G.C (2014 E.C) fiscal year.

Private Banks Continue their profitability for Half of 2022/2021 fiscal year

Feb 20, 2022 | 1

Private banks in Ethiopia are continuing their profitable trend into the 2022/2021 financial year. According to their half year financial report, most banks were able to double their profitability compared to the 6 months in 2021/2020 financial year.

Awash Bank has managed to earn a gross profit of 4.6 billion birr while Abyssinia Bank grossed 3.3 billion birr for the first 6 months of 2022/2021 half year.

Most profitable Ethiopian Private Banks for 2021 / 2020 fiscal year

Jul 7, 2021 | 1

All private banks in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 2021 G.C (ሰኔ 2013). We have compiled the banks gross and net profit for the stated budget year below.

Awash Bank Earns 5.58 billion birr gross profit for the 2021 / 2020 fiscal year

Jul 6, 2021 | 0

Awash Bank has reported that it has earned 5.58 billion birr gross profit for the 2021 / 2020 fiscal year. The bank’s deposit reached 107.7 billion birr which is the highest deposit for a private bank in Ethiopia.

Awash Bank Earns 2.6bln birr net profit for 2020 / 2019 budget year

Dec 2, 2020 | 0

Awash Bank has managed to earn 4.2 billion birr in gross profit and 2.6 billion birr profit after tax and other deductions. This solidifies Awash Bank’s number 1 spot in terms of financial performance for 2020 / 2019 budget year amongst private banks in Ethiopia.

Awash Bank registeres 4.19 bln birr gross profit for 2020 / 2019 fiscal year

Jul 20, 2020 | 0

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.

Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year

Jul 20, 2020 | 0

The following table shows the gross profit (before tax) and net profit (after tax) of banks in Ethiopia for the 2020/2019 budget year.

Ethiopian Banks Half Year Performance Report

Jan 28, 2020 | 0

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.

Currency (Code)	Buying Rate	Selling Rate
US Dollar(USD)	54.0679	55.1493
Euro(EUR)	59.3449	60.5318
Pound Sterling(GBP)	64.2131	65.4974
UAE Dirham(AED)	13.3234	13.5899
Saudi Riyal(SAR)	13.0456	13.3065

Awash Bank Profit Latest Ethiopian News

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

Awash Bank Grosses 7.45bln birr Profit for 2022/2021 Budget Year, Raises Capital to 55bln Birr

Best Banks in Ethiopia for 2022/2021 Budget Year

Private Banks Continue their profitability for Half of 2022/2021 fiscal year

Most profitable Ethiopian Private Banks for 2021 / 2020 fiscal year

Awash Bank Earns 5.58 billion birr gross profit for the 2021 / 2020 fiscal year

Awash Bank Earns 2.6bln birr net profit for 2020 / 2019 budget year

Awash Bank registeres 4.19 bln birr gross profit for 2020 / 2019 fiscal year

Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year

Ethiopian Banks Half Year Performance Report

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