Commercial Bank of Ethiopia awarded two apartments, three trucks, and 17 automobiles, 34 three wheels to its customers who participated…
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Hibret Bank of Ethiopia profits grows 15 percent
Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private banks in…
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Nib Bank profit increases by 381 million Birr
Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks in Ethiopia,…
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Dashen Bank profits about 1.8 billion Birr
Dashen Bank Share Company, one of the 16 private banks operating in Ethiopia, has reported annual gross profit of 1.79…
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Berhan Bank profit increases 22 percent
Compare with the previous budget year gross profit of Berhan Bank of Ethiopia has increased by 22 percent to 707.5…
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Bunna Bank of Ethiopia profit declines 6 percent
Compared to the previous year, annual profit of Bunna International Bank of Ethiopia has declined by about 43 million Birr…
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Debub Global Bank profit up 33 percent
Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased by 33…
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Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of Economics at…
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Ethiopia collects $2.83 billion tax in four months
The Ministry of Revenue has collected a total of 107 billion Birr ($2.83 billion) during the first four years of…
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Bunna Bank rewards hard currency generating customers
By Sisay Woubeshet – Bunna International Bank, one of the 16 private banks in Ethiopia, today awarded customers who received…
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Ethiopia set to introduce centralized bank borrowers database
With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database…
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World Bank to provide $400 million to Ethiopia
The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million for the…
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World Bank approves $400 million grant to Ethiopia
The World Bank approved a grant of $400 million to support Ethiopia Urban Productive Safety Nets and Jobs Project of…
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State companies in Ethiopia generate $8.2 billion revenue
The state enterprises in Ethiopia have generated a total revenue of over 300.5 billion birr (about $8.2 billion) during the…
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