Banks in Ethiopia

  • Business News

Berhan Bank Earns 707.5mln br Profit Before Tax (553mln br after tax) for 2020/2019 budget year

Berhan Bank reported that it has earned a gross profit of 707.5 million birr for the 2020/2019 budget year, making… Read More

4 years ago
  • Business News

Bunna International Bank Nets 440.23 million birr Profit for 2020/2019 f.y

Bunna International Bank has reported that it has earned a profit before tax amounting 582 million birr, making the net… Read More

4 years ago
  • Business News

Abyssinia Bank Earns 1.08 billion birr gross, 853.64 million birr Net Profit for 2020 / 2019 budget year

Abyssinia Bank has earned a net profit of 853.64 million birr for the 2020 / 2019 budget year. The Bank's… Read More

4 years ago
  • Business News

Hibret Bank Earns 1.12 billion birr gross, 893.5 million birr Net Profit for 2020 / 2019 budget year

Hibret / United Bank has earned more than 1 billion birr in gross profit for the first time in it's… Read More

4 years ago
  • Business News

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

Awash Bank has managed to earn 4.2 billion birr in gross profit and 2.6 billion birr profit after tax and… Read More

4 years ago
  • Business News

ZamZam Bank receives license as Ethiopia’s first Interest Free Bank (IFB)

The first Interest-Free Bank (IFB), ZamZam Bank (ZZB), has received a green light from the National Bank of Ethiopia (NBE)… Read More

5 years ago
  • Business News

Hijira Bank’s Board Receive Approval

The National Bank of Ethiopia (NBE) has given the green light to the founding board of directors of Hijra, the… Read More

5 years ago
  • Business News

New bank called Akufada Bank is in the process of formation

According to a press report held on Oct 17, 2020 in Yod Abyssinia, a new bank called Akufada Bank s.c… Read More

5 years ago
  • Business News

Hossana Bank, a new private bank to be established

Hossana Bank S.C is a new bank under formation set to join the evergrowing banking sector. By organizing all of… Read More

5 years ago
  • Business News

YeEthiopia Diaspora Bank Prepares to Join to ever growing banking industry

YeEthiopia Diaspora Bank S.C, a new bank under formation is preparing the join the ever growing banking industry in Ethiopia.… Read More

5 years ago