Commercial Bank of Ethiopia (CBE) Profit Latest News

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Most Profitable Banks in Ethiopia for 2022/2021 Budget Year

Most Banks in Ethiopia are releasing their annual report for 2022 / 2021 G.C (2014 E.C) budget year which ended on June 30, 2022 G.C (ሰኔ 2014). We have compiled their report and estimated the figures for 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: Apr 19, 2023
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)54.067955.1493
EuroEuro(EUR)59.344960.5318
Pound SterlingPound Sterling(GBP)64.213165.4974
UAE DirhamUAE Dirham(AED)13.323413.5899
Saudi RiyalSaudi Riyal(SAR)13.045613.3065
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Companies and Businesses in Ethiopia

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