Banks in Ethiopia

  • Blog

Most profitable Ethiopian Private Banks for 2021 / 2020 fiscal year

All private banks in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget… Read More

4 years ago
  • Business News

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

Awash Bank has reported that it has earned 5.58 billion birr gross profit for the 2021 / 2020 fiscal year.… Read More

4 years ago
  • Blog

Abyssinia Bank Grosses 2.87 billion birr profit for 2021 / 2020 fiscal year

Abyssinia Bank has reported a that it has earned a 2.87 billion birr gross profit, which is a record high… Read More

4 years ago
  • Business News

Cooperative Bank of Oromia Grosses 2.39 billion birr profit for 2021 / 2020 f.y

Cooperative Bank of Oromia has reported 2.39 billion birr gross profit for 2021 / 2020 fiscal year. The bank's paid… Read More

4 years ago
  • Business News

Paid-up capital Requirement for banks in Ethiopia raised from 500mln birr to 5bln birr

The National Bank of Ethiopia (NBE) has directed new entrants to the banking industry to increase their paid-up capital to… Read More

4 years ago
  • Blog

Ahadu Bank manages to perform it’s first formation assembly with 760 million birr subscribed capital

Ahadu Bank, one of the 20+ banks under formation in Ethiopia has managed to perform it's first formation assembly in… Read More

4 years ago
  • Business News

Abay Bank Earns 501.2 million birr profit after tax (640 million before tax) for the 2020/2019 budget year

Abay Bank profit before tax reached 640 million birr, decreasing by 43 million birr compared to the previous year. Profit… Read More

4 years ago
  • Business News

Addis International Bank Earns 274.2 mln br gross profit (213.1mln net) for 2020/2019 budget year

Addis International Bank, one of the youngest banks in Ethiopia has reported that it has earned a net profit 213.1… Read More

4 years ago
  • Business News

Dashen Bank Earns 1.79bln br Gross (1.54bln br Net) Profit for 2020/2019 budget year

Dashen Bank, one of the few banks which has been operating in Ethiopia for 25 years or more, has reported… Read More

4 years ago
  • Business News

Nib International Bank Earns 1.3bln br Gross Profit for 2020/2019 budget year

Nib International Bank, one of the banks which has been working in Ethiopia for 20+ years has reported that it… Read More

4 years ago