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Goh Betoch Bank managed to earn 6.3 million birr profit in it’s first year of operation despite working only for a few months. The bank that has four branches including the one in Dire Dawa began providing loans in the fourth quarter of the financial year and disbursed over 300 million birr in this short period, while the deposit mobilization was about 260 million birr.
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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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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 53.2465 | 54.3114 |
 Euro(EUR) | 56.5691 | 57.7005 |
 Pound Sterling(GBP) | 61.8799 | 63.1175 |
 UAE Dirham(AED) | 13.1188 | 13.3812 |
 Saudi Riyal(SAR) | 12.8058 | 13.0619 |
