Ethiopia: Nib Insurance Made 80 Million Birr Gross Profit
Nib insurance Company S.C. had another successful year and made a gross profit of 80 Million Birr in the last fiscal year.
Ethiopia: Nib Insurance Selected 4 Finalists to Design its HQ Building
Nib Insurance Corporation (NIC) selected four finalists to design its headquarters building, on Africa Avenue next to Mega Printing House, Capital reported.
Ethiopia: Nib International Bank Reports Birr 2.9 Billion Loss Following FX Market Unification
Nib International Bank Share Company has reported a pre-tax loss of Birr 2.9 billion for the fiscal year ended 2024/25, marking a significant financial setback largely attributed to foreign exchange revaluation losses.
Ethiopia: NIB Set to Launch Mobile Banking Service
Nib International Bank (NIB) has received a license from the National Bank of Ethiopia (NBE) on June 16, 2015, to launch mobile banking service in the next few weeks, Addis Fortune reported.
Ethiopia: Nib Signed Deal with KPMG
Nib Bank S.C., one of the private banks in Ethiopia, has signed an agreement with KPMG East Africa Limited for the designing and formulation of management strategy of the bank. The agreement is said to be worth between 20 to 25 million Birr.
