Ethiopia – Abay Bank profit grows 63 percent
During the budget year concluded June 30, 2029, the annual profit before tax of Abay Bank Share Company, one of
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Abay Bank
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 billion at
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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 and stringent policies and regulations,
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WorldRemit set to boost Ethiopia’s remittance income
WorldRemit, one of the fastest growing digital remittance transfer company in the world, is set to boost Ethiopia’s income from
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Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing
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