Private banks in Ethiopia are continuing their profitable trend into the 2022/2021 financial year. According to their half year financial report,… Read More
Annual Financial Performance Report of private Ethiopian Banks for 2021/2020 G.C (2013 E.C) budget year. The report includes key figures… Read More
Hibret Bank has reported that it has earned a gross profit 1.44 billion birr before tax and after reserves. This… Read More
All private banks in Ethiopia have reported their unaudited gross profits for the 2021 / 2020 G.C (2013 E.C) budget… Read More
Awash Bank has reported that it has earned 5.58 billion birr gross profit for the 2021 / 2020 fiscal year.… Read More
Cooperative Bank of Oromia has reported 2.39 billion birr gross profit for 2021 / 2020 fiscal year. The bank's paid… Read More
The National Bank of Ethiopia (NBE) has directed new entrants to the banking industry to increase their paid-up capital to… Read More
Ahadu Bank, one of the 20+ banks under formation in Ethiopia has managed to perform it's first formation assembly in… Read More
A new bank, Damota Bank s.c under formation has started sharing sales. The bank has floated shares each worth 1,000… Read More
The first Interest-Free Bank (IFB), ZamZam Bank (ZZB), has received a green light from the National Bank of Ethiopia (NBE)… Read More