Commercial Bank of Ethiopia (CBE) Profit Latest News

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Most Profitable Ethiopian Banks for 2022/2021 F.Y (Estimates and actual figures)

A number of banks in Ethiopia have reported their gross profit before taxes and other deductibles for the 2022 / 2021 G.C (2014 E.C) budget year which ended on June 30, 2022 G.C (ሰኔ 2014). We compiled this report and also estimated the profit of the remaining banks by carefully analyzing previous year’s performance and current year’s quarterly or half-year reports.

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Ethiopian Banks Half Year Performance Report

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.

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Products and Services in Ethiopia

Date: Aug 09, 2022
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)52.239853.2846
EuroEuro(EUR)53.268954.3343
Pound SterlingPound Sterling(GBP)60.375761.5832
UAE DirhamUAE Dirham(AED)12.870813.1282
Saudi RiyalSaudi Riyal(SAR)12.578712.8303
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Companies and Businesses in Ethiopia

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