Abay Bank says it has earned 1.15-billion-birr profit during the fiscal year – a historic high performance since its inception in 2010.
The total assets and capital of the bank reached 29.9 billion and 4.2 billion birr, respectively.
According to the bank’s report, 3.4 billion birr has been collected this year and the total annual expenditure of the bank is about 2.3 billion birr.
The Bank’s total regular and interest-free deposits reached Birr 23.9 billion, including the 7.8 billion birr collected during the current fiscal year
DISCLAIMER
The opinions expresses here in the post "Abay Bank Earned a Historic High 1.15-billion-birr Profit" are those of the individua's contributor(s) and do not necessarily reflect the views of Business Info Ethiopia , BIE Intelligence PLC, its publisher, editor, or any of its other contributors.
