[July 2025] Hibret / United Bank Latest Ethiopian News

Most Profitable, Best Banks in Ethiopia for 2023/2022 Budget Year, Capital, Assets, Loans, Income and other Financial Indicators

Dec 13, 2023 | 3

Top Banks in Ethiopia Ranking for 2023/2022 G.C (2015 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total Capital, Total Income and Expense, Profit before and after tax and Earning per share (EPS) which determines Dividend or Return on Equity (ROE). Compare Ethiopian Banks Financial Performance by analyzing their annual report for key indicators such as Total Loans & Advances, Total Deposit, Number of branches, Employees and Number of account holders for 2023/2022 G.C (2015 E.C) fiscal year.

Hibret Bank Grosses 3.06 billion birr Profit for 2023/2022 F.Y, Almost doubles it’s EPS

Dec 3, 2023 | 0

In a year which marks the Bank’s 25 years of service, Hibret Bank s.c announced that it has earned 3.06 billion birr and 2.29 billion birr in gross and net profits for 2023/2022 fiscal year. The bank managed to almost double it’s earning per share from 26.47 to 50.72.

Best Banks in Ethiopia for 2022/2021 Budget Year

Nov 24, 2022 | 0

Top Banks in Ethiopia Ranking for 2022/2021 G.C (2014 E.C) Budget Year in terms of Profit, Assets, Paid-up and Total Capital, Total Income and Expense, Profit before and after tax and Earning per share (EPS) which determines Dividend or Return on Equity (ROE). Compare Ethiopian Banks Financial Performance by analyzing their annual report for key indicators such as Total Loans & Advances, Total Deposit, Number of branches, Employees and Number of account holders for 2022/2021 G.C (2014 E.C) fiscal year.

Hibret Bank Earns 1.88bln birr profit before tax for the 2022/2021 budget year, Raises Capital to 20bln Birr

Nov 20, 2022 | 0

Hibret Bank s.c which conducted it’s 25th ordinary meeting on Nov 17, 2022 reported that it has has earned 1.88 billion birr profit before tax for the budget year that ended on June 30, 2022. The total and paid-up capital of the Bank have reached 7.25bln and 4.30 billion birr. Shareholders decided to raise the bank’s capital 20bln birr.

Hibret Bank and Mastercard Partner to Give Small Businesses A Boost through E-Commerce Payment Solution

Nov 10, 2022 | 0

Hibret Bank pioneered in launching Hibir e-commerce, a digital payments platform that allows Ethiopian businesses and retailers to accept international card payments for online purchases. Hibir e-commerce is first-of- its kind in the Ethiopian banking industry. This move is expected to help local businesses reach new markets and increase revenue while expanding Ethiopia’s access to the digital economy.

Most Profitable Banks in Ethiopia for 2022/2021 Budget Year

Jul 7, 2022 | 21

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.

Annual Report for Financial Performance of Ethiopian Banks for 2021/2020 G.C (2013 E.C) budget year

Dec 26, 2021 | 0

Annual Financial Performance Report of private Ethiopian Banks for 2021/2020 G.C (2013 E.C) budget year. The report includes key figures such as Assets, Total Capital, Paid-up Capital, Total Loans & Advances, Total Deposit, Total Revenue / Income, Expense, Profit before and after Tax, Earning per Share (EPS) and Number of employees, branches and account holders.

Hibret Bank Grosses 1.44bln br for the 2021/2020 fiscal year

Nov 30, 2021 | 0

Hibret Bank has reported that it has earned a gross profit 1.44 billion birr before tax and after reserves. This profit amount is 27.45% higher compared to the previous year’s amount.

Most profitable Ethiopian Private Banks for 2021 / 2020 fiscal year

Jul 7, 2021 | 1

All private banks in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget year which ended on June 2021 G.C (ሰኔ 2013). We have compiled the banks gross and net profit for the stated budget year below.

Hibret Bank Earns 1.12 billion birr gross, 893.5 million birr Net Profit for 2020 / 2019 budget year

Dec 8, 2020 | 0

Hibret / United Bank has earned more than 1 billion birr in gross profit for the first time in it’s time operation. The bank managed to earn 1.12 billion birr gross profit and a net profit of 893.5 million birr for the 2020 / 2019 budget year.

Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year

Jul 20, 2020 | 0

The following table shows the gross profit (before tax) and net profit (after tax) of banks in Ethiopia for the 2020/2019 budget year.

Most Profitable Ethiopian Private Banks for 2019 / 2018 Fiscal Year

Jul 15, 2019 | 0

While it has been a few months since the last budget year closed (July 08, 2018 – July 07, 2019 / ሐምሌ 1፡2010 – ሰኔ 30፡2011), not all banks have disclosed their financial statements. The following is Ethiopian banks’ profit before and after tax for the 2019 / 2018 fiscal year.

United (Hibret) Bank Earns 550ml br net Profit for 2018 / 2017 FY

Nov 6, 2018 | 0

United Bank has declared a 50pc growth in its net profit, registering 573.6 million Br last...

Hibret / United Bank Earns 339ml Br After Tax for 2017 /16 Fiscal Year

Nov 15, 2017 | 0

United Bank S.C. reported a 12.5 percent increase in its after-tax profits to 339 million birr as...

Hibret / United Bank Latest Ethiopian News

Most Profitable, Best Banks in Ethiopia for 2023/2022 Budget Year, Capital, Assets, Loans, Income and other Financial Indicators

Hibret Bank Grosses 3.06 billion birr Profit for 2023/2022 F.Y, Almost doubles it’s EPS

Best Banks in Ethiopia for 2022/2021 Budget Year

Hibret Bank Earns 1.88bln birr profit before tax for the 2022/2021 budget year, Raises Capital to 20bln Birr

Hibret Bank and Mastercard Partner to Give Small Businesses A Boost through E-Commerce Payment Solution

Most Profitable Banks in Ethiopia for 2022/2021 Budget Year

Annual Report for Financial Performance of Ethiopian Banks for 2021/2020 G.C (2013 E.C) budget year

Hibret Bank Grosses 1.44bln br for the 2021/2020 fiscal year

Most profitable Ethiopian Private Banks for 2021 / 2020 fiscal year

Hibret Bank Earns 1.12 billion birr gross, 893.5 million birr Net Profit for 2020 / 2019 budget year

Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year

Most Profitable Ethiopian Private Banks for 2019 / 2018 Fiscal Year

United (Hibret) Bank Earns 550ml br net Profit for 2018 / 2017 FY

Hibret / United Bank Earns 339ml Br After Tax for 2017 /16 Fiscal Year

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