profit – New Business Ethiopia

Nib Bank profit increases by 381 million Birr

Nib Bank profit increases by 381 million Birr

December 24, 2020 newbusinessethiopianews Banking, Ethiopia, Nib International Bank, profit

Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks in Ethiopia,

Debub Global Bank profit up 33 percent

Debub Global Bank profit up 33 percent

December 19, 2020 newbusinessethiopianews asset, Debub Global Bank, deposit, Earnings per share, Ethiopia, loans, nonperforming loan, profit

Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased by 33

Ethiopia’s private banks profit exceeds state giant CBE

Ethiopia’s private banks profit exceeds state giant CBE

September 15, 2020September 15, 2020 NBE bank branches, banks, Commercial Bank of Ethiopia, Ethiopia, loans, profit

The profit of all the 16 private banks in Ethiopia for the first time exceed the profit of the state

Ethiopia to sell 40 percent of Ethio Telecom

Ethiopia to sell 40 percent of Ethio Telecom

May 22, 2020May 22, 2020 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

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

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

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

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

Berhan Insurance of Ethiopia profit increases 24%

Berhan Insurance of Ethiopia profit increases 24%

December 14, 2019December 14, 2019 newbusinessethiopianews Berhan Insurance, Ethiopia, insurance industry, life insurance, non-life insurance, profit

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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