Berhan Bank, Ethiopia Reports 21.3 Million Birr in Profits
Berhan International Bank, Ethiopia announced after tax profits of 21.3 million birr, for the last fiscal year. The bank had registered a loss of 5.6 million birr in its first year of operation.
BIB mobilized 694.4 million birr in the reporting period. Savings and time deposits made up 73.3% of the total deposits while the rest was made up of demand deposits.
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