Shabelle Bank Latest Ethiopian News

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

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.

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Most Profitable Banks in Ethiopia for 2022/2021 Budget Year

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.

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Shabelle Bank to open its doors as country’s third IFB

The third interest free banking (IFB) provider, Shabelle Bank, is to commence operation with dual head quarter concept.
The bank which was formed with the merger of one of the strongest micro finance institutions, Somali Micro Finance Institution (SMFI) and the under formation Shabelle Bank, has officially received its commercial banking license to boost its operation under full-scale financial scheme.

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Products and Services in Ethiopia

Date: Jul 26, 2024
Currency (Code) Buying Rate Selling Rate
US DollarUS Dollar(USD)57.489558.6393
EuroEuro(EUR)62.335963.5826
Pound SterlingPound Sterling(GBP)70.675972.0894
UAE DirhamUAE Dirham(AED)14.164614.4479
Saudi RiyalSaudi Riyal(SAR)13.868214.1456
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