Banks in Ethiopia Latest News


Abyssinia Bank Earns 1 billion birr gross profit for 2019 / 2018 f.y

Bank of Abyssinia (Abyssinia Bank) announced in the annual shareholder meeting that it has made a gross profit of 1.02 billion birr for the financial year concluded June 30, 2019. This figure showed an increase of 258 million birr compared to last year’s result. The net profit of the bank reached 777 million birr.

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