gross profit – New Business Ethiopia

Zemen Bank profit surpasses one billion Birr

Zemen Bank profit surpasses one billion Birr

January 4, 2021January 4, 2021 newbusinessethiopianews annual profit, Banking, capital, Ethiopia, Ethiopian diaspora, gross profit, Islamic banking, net profit, Zemen Bank

Compared with the preceding year, the annual gross profit of Zemen Bank Share Company, one of the 16 private banks

Hibret Bank of Ethiopia profits grows 15 percent

Hibret Bank of Ethiopia profits grows 15 percent

December 27, 2020 newbusinessethiopianews Banking in Ethiopia, Ethiopia, gross profit, Hibret Bank

Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private banks in

Ethio Telecom harvests $670 million profit in six months

January 16, 2020January 16, 2020 newbusinessethiopianews CSR, Ethio Telecom, Ethiopia, gross profit, Internet users, Mobile voice subscribers, state enterprises, telecom fraud, telecom monopoly

Ethio Telecom, the fully state owned telecom monopoly in Ethiopia, has ‘harvested’ 22 billion birr (about $670 million at the

Ethiopia - Addis International Bank profit grows 39 percent

Ethiopia – Addis International Bank profit grows 39 percent

January 11, 2020January 11, 2020 newbusinessethiopianews Addis International Bank, asset, bank branches, capital, Earnings per share, employees, Ethiopia, expense, gross profit, net profit, profit before tax, revenue

Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax) of 205.2

Ethiopia- Dashen Bank makes $40 million profit

Ethiopia- Dashen Bank makes $40 million profit

January 9, 2020January 11, 2020 newbusinessethiopianews asset, ATMs, automatic teller machines, Dashen Bank, deposit, employees, Ethiopia, expense, gross profit, loans and advances, point of sale terminals, revenue

Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest private banks

Ethiopia - Abay Bank profit grows 63 percent

Ethiopia – Abay Bank profit grows 63 percent

January 8, 2020January 11, 2020 newbusinessethiopianews Abay Bank, asset, bank branches, corporate social responsibilities, CSR, Ethiopia, gross profit, loans and advances, paid-up capital, profit before tax

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

Ethiopia - Oromia Insurance Company profit up 14 percent

Ethiopia – Oromia Insurance Company profit up 14 percent

January 5, 2020January 5, 2020 newbusinessethiopianews asset, Ethiopia, global insurance premium, gross profit, insurance industry, life insurance, non-life insurance, OIC, Oromia Insurance, profit before tax

During the budget year concluded June 30, 2019, Oromia Insurance Company (OIC) has registered a gross profit (before tax) of

Ethiopia - Oromia International Bank earnings per share drops 29%

Ethiopia – Oromia International Bank earnings per share drops 29%

January 3, 2020January 11, 2020 newbusinessethiopianews asset, bank branches, bank deposits, borrowers, dividend per share, Earnings per share, employees, Ethiopia, expense, gross profit, income tax, net profit, paid-up capital, revenue

Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private banks in