profit – New Business Ethiopia

Ethiopia to sell 40 percent of Ethio Telecom

Ethiopia to sell 40 percent of Ethio Telecom

May 22, 2020May 22, 2020 newbusinessethiopia Ethio Telecom, Ethiopia, privatization, profit

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

Awash Bank of Ethiopia grows profit by $43.4 million

January 2, 2020January 11, 2020 newbusinessethiopianews asset, Awash Bank, bank branches, bank deposits, capital, Earnings per share, Ethiopia, loans and advances, profit, reserve

Compared to the previous budget year annual gross profit of Awash Bank for the year ended June 30, 2019, has

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Ethiopia _ Cooperative Bank of Oromia profit up by $21 million

Ethiopia _ Cooperative Bank of Oromia profit up by $21 million

January 1, 2020January 1, 2020 newbusinessethiopianews asset, bank branches, Cooperative Bank of Oromia, Customer deposits, deposit accounts, Ethiopia, foreign currency, loans and advances, private banks, profit

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

December 29, 2019January 11, 2020 newbusinessethiopianews asset, Earnings per share, equity, Ethiopia, financial statement, liability, profit, Wegagen Bank

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

Berhan Bank of Ethiopia profit up 41 percent

December 19, 2019January 11, 2020 newbusinessethiopianews Berhan Bank, Berhan Bank asset, deposit, Earnings per share, foreign currencies, outstanding loan, paid-up capital, profit

During budget year concluded June 30, 20219, Berhan Bank, one of the private banks in Ethiopia, has registered a gross

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