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Nib International Bank announced a gross profit of 928 million birr, which is 269 million birr higher compared to the previous year. The company’s net profit reached 720.7 million bir. The total revenue of the bank reached to 2 billion birr, up from the previous year’s 1.5 billion birr.
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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.
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Three private banks passed the 1 billion birr mark in gross profits for the first time namely...
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Nib International Bank has earned 678.75 million birr gross profit for the 2018 / 2017 fiscal year...
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Nib International Bank (NIB)- one of the mid-sized banks- posted a solid earnings’ report for the...
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