Banks in Ethiopia

  • Blog

Ethiopian Financial Sector – Head Office Buildings of Banks in Ethiopia around Mexico Square, Addis Ababa

The following photo shows the rising skyline of Addis Ababa, near mexico square which has been dubbed the future financial… Read More

5 years ago
  • Business News

Commercial Bank of Ethiopia (CBE) Nets 14 bln birr Profit for 2020 – 2019, missing it’s target by a considerable margin

The Commercial Bank of Ethiopia (CBE) registered a net profit of 14 billion birr, achieving only 64 percent of its… Read More

5 years ago
  • Business News

Hijira Bank Gets Closer to Joining Industry

Hijra Bank S.C., a new full-fledged, interest-free bank (IFP), has reached the final stage of under-formation status with an initial… Read More

5 years ago
  • Business News

Nib International Bank Profits 1.4 bln birr before tax for 2020 / 2019

Nib International Bank has managed to earn 1.4 billion birr before tax for the 2020 / 2019 fiscal year, showing… Read More

5 years ago
  • Business News

Cooperative Bank of Oromia (CBO) Earns 1.5 bln birr gross profit for 2020 / 2019 f.y

Cooperative Bank of Oromia (CBO) has registered it's highest profit to date, 1.5 billion birr before tax. The bank's total… Read More

5 years ago
  • Business News

Abyssinia Bank to Construct a New 50 – 60 floor Head Quarter

Abyssinia Bank, which managed to earn more than 1.3 billion birr in gross profit for the 2020 / 2019 year,… Read More

5 years ago
  • Business News

Wegagen Bank earns 1.1 bln birr gross profit for the 2020 / 2019 fy

Wegagen Bank has registered 1.1 billion birr profit for the 2020 / 2019 fiscal year. The bank which saw it's… Read More

5 years ago
  • Business News

Zemen Bank earns 1.05 bln birr gross profit for 2020 / 2019 f.y

Zemen Bank has registered 1.05 billion birr gross profit for the recently ended fiscal year(June 2020), 59% increase from the… Read More

5 years ago
  • Business News

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

Awash bank, the biggest private bank in terms of profit has managed to earn 4.19 billion birr gross profit for… Read More

5 years ago
  • Blog

Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year

The following table shows the gross profit (before tax) and net profit (after tax) of banks in Ethiopia for the… Read More

5 years ago