During the financial year concluded June 30, 2020, Wegagen Bank, one of the private banks in Ethiopia, has reported annual gross profit of close to 1.07 billion Birr – 46 percent up from the preceding budget year.
Continue Reading
The annual gross profit (before tax) of Wegagen Bank of Ethiopia for the budget year ended June 30, 2019 has dropped to around 735.14 million birr (about $23.2 million) compared to 1.05 billion birr the previous budget year.
Continue Reading
The total capital of bank in Ethiopia has increased by around 8% to 85.7 billion birr (around $3.1 billion at the prevailing exchange rate) at the end of last Ethiopian fiscal year ended June 2018.
Continue Reading