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A number of 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 30, 2021 G.C (ሰኔ 2013). We have estimated the profit of the remaining banks by carefully analyzing previous year growth, current year’s performance as well as other key factors. The following table will be adjusted whenever new and verified information is available.
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The following table shows the gross profit (before tax) and net profit (after tax) of banks in Ethiopia for the 2020/2019 budget 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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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 49.5103 | 50.5005 |
 Euro(EUR) | 56.7190 | 57.8534 |
 Pound Sterling(GBP) | 64.9234 | 66.2219 |
 UAE Dirham(AED) | 12.1973 | 12.4412 |
 Saudi Riyal(SAR) | 11.9396 | 12.1784 |
