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The current budget year (July 08, 2019 – July 07, 2020 / ሐምሌ 1፡2011 – ሰኔ 30፡2012), has recently been closed. Most banks in Ethiopia have a very close estimate of their profit before tax and other deductions.
The following is an estimation of Ethiopian banks’ profit before tax and other deductions for the 2020 / 2019 fiscal year.
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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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Standing at the tenth year of its establishment, Oromia International Bank registered a record 140...
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Gross and Net Profit / Earning for Private Ethiopian Banks for 2018 / 2017 fiscal year. Rank Bank...
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Oromia International Bank registers a modest 17pc profit growth to over 290 million Br in the past...
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Oromia International Bank has increased its profit after tax by 44pc to 221.8 million Br, boosting...
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