Nib International Bank – New Business Ethiopia

NIB bank of Ethiopia profit up 17 percent

December 14, 2021December 14, 2021BEHAK

Nib International Bank (NIB), one of the private banks in Ethiopia, reported close to 1.22 billion Birr annual profit after tax for the year concluded June 30, 2021, which is about 17 percent up from previous year.

Nib Bank profit increases by 381 million Birr

December 24, 2020newbusinessethiopianews

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.

Ethiopia’s Nib bank makes 928 million birr profit

December 7, 2019January 11, 2020

Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million birr (close $30 million), which is 269 million birr up compared to the previous year.

Ethiopia banks capital hikes 8%

January 10, 2019January 10, 2019

The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1 billion at the prevailing exchange rate) at the end of last Ethiopian fiscal year ended June 2018.