Nib International Bank (NIB) reported 286.3 million birr profit after tax for fiscal year 2012/13, Fortune reported. NIB has also reported 147 birr of earning per share for the reported period.

The banks total capital has also seen a 9 percent growth, registering 137.9 million birr. Interest earned on loans, advances, deposits, treasury bills and National Bank of Ethiopia bonds totaled 570.5 million birr.

Nib's non interest earning income from foreign exchange dealings, service charges and commissions has declined, Fortune reported citing the bank's annual audited report released at the shareholder's general assembly on November 9, 2013.

Source: Fortune