profit before tax

NBE September 8, 2020

Awash Bank Share Company of Ethiopia, one of the first private banks in Ethiopia after the current regime came to power in 1991, announced before tax profit of 4.2 billion birr ($113.5 million at current exchange rate) during the budget year concluded June 30, 2020 (2019/20).

NBE February 22, 2020

The three state enterprises in Ethiopia engaged in providing financial services have made 10.7 billion birr (about $332.1 million at the current exchange rate) profit before tax during the first six months of Ethiopia’s current budget year started July 8, 2019.

newbusinessethiopianews January 4, 2020

Compared to the preceding budget year performance, annual gross profit (before tax) of Lion International Bank (LIB), one of the local private banks in Ethiopia, for the budget year ended June 30, 2019 surges 45 percent to 695.5 million birr (about $21.9 million at the current exchange rate).