African Trade and Investment Development Insurance (ATIDI) recorded a remarkable performance for the financial year ended December 2023, backed by…
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Bunna Bank makes 1.35 billion Birr profit
Bunna Bank Schare Company today announced making 1.35 billion Birr profit before tax during the budget year concluded June 30,…
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ATIDI maintains profitable growth despite global headwinds
Pan- African Insurer, African Trade and Investment Development Insurance (ATIDI) – formerly known as the African Trade and Insurance Agency…
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Nib Bank profit increases by 381 million Birr
Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks in Ethiopia,…
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Debub Global Bank profit up 33 percent
Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased by 33…
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Ethiopia’s private banks profit exceeds state giant CBE
The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of the state…
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Ethiopia to sell 40 percent of Ethio Telecom
By retaining 60 percent, the Government of Ethiopia is set to sell 40% of Ethio Telecom ending the state’s monopoly…
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Awash Bank of Ethiopia grows profit by $43.4 million
Compared to the previous budget year annual gross profit of Awash Bank for the year ended June 30, 2019, has…
Read MoreEthiopia _ Cooperative Bank of Oromia profit up by $21 million
Compared to the previous year the net profit of Cooperative Bank of Oromia (CBO), one of the private banks in…
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Wegagen Bank of Ethiopia profit drops by $10 million
The annual gross profit (before tax) of Wegagen Bank of Ethiopia for the budget year ended June 30, 2019 has…
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Berhan Bank of Ethiopia profit up 41 percent
During budget year concluded June 30, 20219, Berhan Bank, one of the private banks in Ethiopia, has registered a gross…
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Berhan Insurance of Ethiopia profit increases 24%
Gross profit (before tax) of Berhan Insurance, the sister company of Berhan Bank, has increased by 24% to 25.5 million…
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