Tag: Abay Bank

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Ethiopia – Abay Bank profit grows 63 percent

During the budget year concluded June 30, 2029, the annual profit before tax of Abay Bank Share Compa

Ethiopia banks capital hikes 8%

The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1 bi

Banking in Ethiopia remains promising in the face of adversity

The banking sector in Ethiopia remains promising through it has been changed by both infrastructure a

WorldRemit set to boost Ethiopia’s remittance income

WorldRemit, one of the fastest growing digital remittance transfer company in the world, is set to bo

Banking business in Ethiopia booming 

Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are curr