Ethiopia's Bunna International Bank (BIB) posted 59.2 million birr after tax during the the 2012/13 fiscal year, Fortune reported.

BIB also reported EPS of 211.3 birr, a 59.47 percent increase for its fourth year of operation.

The Bank’s loan-to-deposits ratio stands at 60.55 percent from 71.36 percent last year. Its liquid assets to total assets ratio has also has dropped to 27.3 percent from 30 percent in the previous year.

Established in 2009, Bunna International Bank have the largest number of shareholders’ of any bank in Ethiopia with over 12,000 shareholders.

Source: Fortune