Ethiopian Banks

  • 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

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

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
  • 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