Debub Global Bank of Ethiopia has made gross profit (before tax) of 284 million birr (close to $8 million at…
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Abyssinia Bank makes one billion birr profit
Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion…
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Bunna Bank of Ethiopia profit up 46 percent
Gross profit of Bunna International Bank of Ethiopia grew to 625 million birr (over $20 million at the current exchange…
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Ethiopian Airlines generates $4.2 billion revenue
Ethiopia Airlines Group generates total revenue of 114.6 billion birr (about $4.2 billion) during the Ethiopia fiscal year concluded July…
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Ecobank shareholders conclude meeting in Lomé, Togo
Ecobank Transnational Incorporated, parent of Ecobank Group which provides financial services in 36 countries across Africa, concluded its 30th Annual…
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Nissan records growth in South Africa after best year 2000
Nissan, the Japanese manufacturer hit 10% market share in South Africa in fiscal year 2017, with passenger vehicle sales growing…
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Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing…
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