Development Bank of Ethiopia makes 3.9 billion Birr profit
The state-owned Development Bank of Ethiopia has generated a gross profit (before tax) of 3.9 billion Birr year…
Development Bank of Ethiopia
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
Development Bank of Ethiopia secures $613 million government loan
The Ethiopian Parliament on Thursday approves 21.2 billion birr (about $613 million) long term loan to poorly performing…
Ethiopian banks’ loan disbursement grows 24 percent
NEWS- The 18 commercial banks in Ethiopia have disbursed a total loan of 221 billion birr (about $6.44…
Ethiopian government finance institutions profit $332 million
The three state enterprises in Ethiopia engaged in providing financial services have made 10.7 billion birr (about $332.1…
Ethiopia sacks two state bank presidents
Ethiopian government today announces sacking of two big state bank presidents. The Finance Institutions Enterprises Agency of Ethiopia…
Ethiopian banks’ revenue grew to 24 percent
The total profit of commercial banks in Ethiopia, grew by 24 percent this year as compared to the…