Awash Bank Announces 394.4 Million Birr in Profits
Awash International Bank S.C Ethiopia announced a net profit of 394.4 million birr for the last financial year. The profits earned by the bank are the highest in the bank’s history according to the announcement.
Awash grossed 9 billion 565 million birr in the past fiscal year according to Tsehay Shiferaw, President of the Bank.
The bank is committed to increasing its deposits and has been able to exceed the deposits in the previous budget by 9.4% to reach 10 billion 185 million birr noted Tsehay.
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