Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks in Ethiopia, has increased by 381.2 million Birr for the budget year concluded June 30, 2020.
Dashen Bank Share Company, one of the 16 private banks operating in Ethiopia, has reported annual gross profit of 1.79 billion Birr during the financial year concluded June 30, 2020.
CR2, one of the top financial technologies companies operating in Ethiopia, has been awarded the tender to roll out Zemen Bank’s mobile banking with Bank World, its digital banking platform, CR2 said.
The National Electoral Board of Ethiopia (NEBE) has cancelled licenses of 26 political parties which failed to fulfil the requirement of the Board to participate in the next election.
Ethiopia has launched its second satellite, ET Smart RSS2, to space, which will send high quality pictures that helps Ethiopian government to make the right decisions in various sectors.
A delegation led by Deputy Prime Minister and Foreign Affairs Minister Demeke Mekonnen, has visited Sudan this week to peacefully discuss border related disputes between the two countries.