Request this item to view in the Library's reading rooms using your library card. Banks Ethiopia is a website built to make your bank related decision easier. Privacy You do not have permission to view this ranking, You do not have permission to download this file, Our Products: The Banker | Global Risk Regulator. Abstract The study is conducted on the electronic banking practices, opportunities, and challenges of commercial banks. Learn more. Financial Position as of June 30, 2021 1198.44 KB 2021-12-29 financialstatementasofjune30-2021.pdf . The major results were the e-banking products have a significant difference in customer satisfaction on Trivandrum than Addis Ababa respondents. Data collected by structured questionnaire was an analysis of inferential statistics. Out of the 16 private banks, Awash Bank leads the pack with 2 billion birr gross profit for the 2020 / 2019 half year. 6UP@7Pa`}Ly)rtXS b+!=ESRyOFNol. Avenue: Sudan Street %PDF-1.5 0000163678 00000 n & Forex Repatriate The study employed both qualitative and quantitative approach. Annual report / Commercial Bank of Ethiopia | National Library of Australia Catalogue Due to major building activity, some collections are unavailable. (Bank Holding Company) There are years of financial data for this bank. 0000001052 00000 n stream 0000091912 00000 n Banks and banking -- Ethiopia -- Periodicals. &"D:*vv'$6COTc{OoC5L)m |{gv5J/w}Go/~}w;hf0a~r9G8p~_I{z>j [>2&}87oMil9(7A'{d4Dr Z7s0 a^.n?>uGRO q9iZ?;K'w?Mu0\8e{"%KhhQ>rMmy~PF5 /~{V} V/^4sq"*&i\] uR{(}hO 057oka qV1H8>?u. The study found the opportunities that are environmental factors to adopt E-banking services in CBE includes government support, competitive pressure, legal framework, the national Information Communication Technology(ICT) infrastructure, and government programs on raising ICT awareness. As of June 2021, it had about 1.1 trillion birr in assets and held approximately 67% of deposits and about 53% of all bank loans in the country. All rights reserved. procurement notice In fact in Ethiopia were started to use electronic payment system, however, cash is still the most dominant medium of exchange, and electronic payment systems are at an embryonic stage and face different challenges.The main objectives of the studies are identifying the challenges and prospects of e-banking payment in Ethiopia. Flower Exp. XJO9(e9$? FAQ . 0000021133 00000 n Aboriginal, Torres Strait Islander and other First Nations people are advised that this catalogue contains names, recordings and images of deceased people and other content that may be culturally sensitive. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Vacancy CBE Profile Board of Directors Executive Management Organizational Structure. 52 37 54 0 obj NBE Citizen Charter Fax: +251 115 514 588 THE . Certified further, that to the best of my knowledge the work reported here in doesn't form part of any other project report or dissertation on the bases of which a degree or award was Most Banks in Ethiopia are releasing their annual report for 2022 / 2021 G.C (2014 E.C) budget year which ended on June 30, 2022 G.C ( 2014). April 21, 2019), out of it Commercial bank of. Some private banks have stated out that their half year performance has improved compared to last years half year performance. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Due to the emergence of a global economy; electronic banking products have increasingly become an inevitable tool of banking business strategy and a strong catalyst for customer satisfaction. Declaration of Forex The state-owned Commercial Bank of Ethiopia (CBE) dominates the market in terms of assets, deposits, bank branches, and total banking workforce. Vol.10, No.23, 2019 1 Evaluation of Financial Performance of Commercial Bank of Ethiopia Yichilal Simegn Filatie . Microfinance Business Headquartered in Addis Ababa, Ethiopia, the state-owned CBE introduced modern banking to Ethiopia, playing a crucial role in the country's economic progress and development. E-mail: nbeinfo@nbe.gov.et . At the end, researchers' suggested some measures, which could be taken by the bank and government. 0000036735 00000 n Quick Information Commercial Bank of Ceylon PLC | Annual Report 2019 Sustainable success is a balancing act - between continuity and change, stability and disruption, being conservative and being adventurous. setREVStartSize({c: 'rev_slider_7_1',rl:[1240,1024,778,480],el:[200,768,960,720],gw:[300,1024,778,480],gh:[200,200,300,300],type:'hero',justify:'',layout:'fullwidth',mh:"0"});if (window.RS_MODULES!==undefined && window.RS_MODULES.modules!==undefined && window.RS_MODULES.modules["revslider71"]!==undefined) {window.RS_MODULES.modules["revslider71"].once = false;window.revapi7 = undefined;if (window.RS_MODULES.checkMinimal!==undefined) window.RS_MODULES.checkMinimal()}. Fax: +251 115 514 588 A COMPARATIVE STUDY OF CUSTOMER SATISFACTION ON E-BANKING PRODUCTS IN ADDIS ABABA AND TRIVANDRUM, Challenges and Opportunities of E-payment in Ethiopia Banking Industry: With the reference of private commercial banks, Problems and prospects of Electronic Banking system:- A Case Study On Commercial Bank Of Ethiopia, Nekemte Branch, THE IMPACT OF INFORMATION & COMMUNICATION TECHNOLOGY ON ETHIOPIAN PRIVATE BANKS' PERFORMANCE: THE CASE OF TWO SELECTED ETHIOPIAN PRIVATE BANKS Partial Fulfillment of the Requirements for the Degree of Executive Master of Business Administration, ASSESSMENT OF OPPORTUNITIES AND CHALLENGES OF ETHIOPIAN BANKING IN ADOPTING E-SERVE. /Contents 55 0 R Copyright or permission restrictions may apply. Learn more. Based on these findings, conclusions were drawn and some feasible recommendations were made. Source; national bank of Ethiopia annual report 207/2018 1.2.1.2. Commercial Bank of Ethiopia Publications . The Commercial Bank of Ethiopia (CBE) registered a net profit of 14 billion birr, achieving only 64 percent of its plan for the fiscal year 2019/2020. Annual Report 2019 13342.95 KB 2021-05-04 2018_19.pdf . 53 0 obj NBE Citizen Charter P.O.Box: 5550 Tel: +251 115 517 430 E-mail: nbeinfo@nbe.gov.et Fax: +251 115 514 588 Avenue: Sudan Street <> Please also be aware that you may see certain words or descriptions in this catalogue which reflect the authors attitude or that of the period in which the item was created and may now be considered offensive. 0000023971 00000 n 55 0 obj 0000166100 00000 n The study was descriptive in nature and data gathered through questionnaires and document analysis. Under these studies the researchers were used primary and secondary source of data.to collect the necessary data the researchers were used stratified sampling and simple random sampling techniques. Commercial Bank of Ethiopia. We hope you found the site useful. Commercial Bank of Ethiopia: pre and post Liberalization " is the bonafide work of Mr Yesuf Legas who carried out the research under my guidance. International Remittance Service 01 of 2016, Annex 8: Financial Statements (US Dollars), Annex 9: Correspondent Banks and Agent Network, Annex 11: Glossary of Financial and Banking Terms, Annex 14: Index of Figures, Tables and Graphs, Notice of Meeting Annual General Meeting, Circular to the Shareholders on the Final Dividend for 2019. Publication date:March 31 st 2019 . Follow Us If you are author or own the copyright of this book, please report to us by using this DMCA report form. Enter the email address you signed up with and we'll email you a reset link. {Wt-UCkk!EO~f>z.]],+Z,fL:. Commercial Bank of Ethiopia (CBE) Reported that it earned 27.5bln birr Gross Profit for 2022/2021 f.y. Follow Us audited annual report included in the research. The respondents of the study are from electronic banking system of Nekekmte town administration office. Annual report / Commercial Bank of Ethiopia, YaItyopya negd bank. Press Notification 08.03.2019. Keywords:- Banking : modern technology : customer ; satisfaction. Flower Exp. 0000036672 00000 n 0000036821 00000 n 0000163451 00000 n P.O.Box: 5550 Other banks have had an improved gross profit compared to last years performance. %%EOF Web Development by : Technobros.net 5 0 obj <> All necessary data for the accomplishment of the study have been collected from the Banking practice through questionnaires and interview. E-mail: nbeinfo@nbe.gov.et 0000001415 00000 n To learn more about how to request items watch this short online video . FAQ ELECTRICITY NETWORK REINFORCEMENT PROJECT audit report for june 30 2018. 0000150671 00000 n Vol. Commercial banks may face a low level of deposit growth 0000024556 00000 n Commercial Bank of Ethiopia Publications Annual Report Mudaye Neway Pres Release Downloads Title Size Date Downloads EthioDirect 104.06 KB . . Financial Inclusion Strategy x]uGvgwwN1fQ$ihQK}6:E%%QaXK?3~~3i0>u69ELdVkownnZwnnMv&VOnLcOnnf]Q}3W?5528WRM^3Mm^~y35J:Ig{7[[Rgz The Commercial Bank of Ethiopia ( CBE) is the largest commercial bank in Ethiopia. Commercial Bank of Ethiopia (CBE) has reported that it has earned 20 billion gross profit for the 2021 / 2020 budget year. To learn more, view ourPrivacy Policy. You can download the paper by clicking the button above. A sample size of the study was (n = 835). To be the most technologically advanced, innovative and customer-friendly financial services organisation in Sri Lanka, poised for further expansion in South Asia. The annual report contains information regarding the total assets, loans, and advances, total expenses, total income, total capital, total deposit, profit before tax, and any information regarding the budget year. Press Notification 08.03.2019. setREVStartSize({c: 'rev_slider_7_1',rl:[1240,1024,778,480],el:[200,768,960,720],gw:[300,1024,778,480],gh:[200,200,300,300],type:'hero',justify:'',layout:'fullwidth',mh:"0"});if (window.RS_MODULES!==undefined && window.RS_MODULES.modules!==undefined && window.RS_MODULES.modules["revslider71"]!==undefined) {window.RS_MODULES.modules["revslider71"].once = false;window.revapi7 = undefined;if (window.RS_MODULES.checkMinimal!==undefined) window.RS_MODULES.checkMinimal()}. Further, this paper considered technological factors as opportunity to adopt E-banking in CBE. The fourth industrial revolution is rapidly transforming financial systems and practices across the globe and in Sri Lanka, and the Bank aims to remain at the forefront of this evolution, We at Commercial Bank look forward to the challenge of being a catalyst for broad-based inclusive, economic growth in 2020 and beyond by consistently doing what we do best: delivering optimum value to our stakeholders. Consolidated Forex services The case of commercial bank of Ethiopia, Nekemte branch the main objectives of the study will be to electronic banking practices, opportunities, and challenges of commercial banks OF Ethiopia Nekemte branch. stream commercial bank of Ethiopia, to discussed the financial ratio measurement and analysis, and also to assess the . Establishment Operation Forex 0000111450 00000 n The Commercial Bank of Ethiopia (CBE) registered a net profit of 14 billion birr, achieving only 64 percent of its plan for the fiscal year 2019/2020. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds toupgrade your browser. Basic Data of Banks in Ethiopia The bank reported that it has collected 140 billion birr in deposits for the budget year, making its total deposit reach 735 billion birr. Academia.edu no longer supports Internet Explorer. Due to major building activity, some collections are unavailable. % To learn more about Copies Direct watch this. commercial bank in Ethiopia in the studied. Tel: +251 115 517 430 Foreign Currency Reg. COMMERCIAL BANK OF ETHIOPIA.pdf - Free download as PDF File (.pdf), Text File (.txt) or read online for free. <> The result of the data are organized and analyzed by using descriptive through cross tabulation and percentage to analyze the possible solution. The suggestions include: the bank should try to utilize all opportunities that are identified in this research, should focus on informing customers the benefit of using E-banking by using medias and the government should support the bank by developing ICT infrastructure and establish strong legal framework on use of E-banking services. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Annual Report 2018-2019. 2608.28 KB 2022-09-01 CBE_Annual Report 20_21.pdf . 0000022729 00000 n P.O.Box: 5550 <> Microfinance Business Navigation WEDP (Field visit annex Audit report) Audit Report Financial Statement 2018. Loans and Advances to Financial Institutions, Loans and Advances to Corporate Customers, Loans and Advances to Public Institutions, Unrealized Gains or Losses on Financial Instruments Designated at Fair Value, Other Financial Assets Impairment Provisions, General and Administrative Expenses (excluding depreciation), Total Profit or Loss on Discontinued Operations & Extraordinary Items, BIS Capital Adequacy Ratio (Core Tier1 %), Gross Impaired Loans to Gross Total Loans, Total Impairment Charges to Total Operating Income, Total Impairment Charges to Gross Total Loans, Total Senior Debt plus Subordinated Liabilities to Total Liabilities, General and Admin Expenses to Total Operating Expenses, Allowance for Loan Losses to Gross Total Loans, Counterparty Credit Risk to Credit Risk Weighted Assets, Counterparty Credit Risk to Total Risk Weighted Assets, High Quality Liquid Assets to Total Assets, Net Interest Income to Total Operating Income, Net Fee and Commission Income to Total Operating Income, Net Trading Income to Total Operating Income, Net Non-Interest Income to Total Operating Income. Press-release-2016-17-Annual.pdf. MDRE & EEP Audited Financial Statement 2018/19. %PDF-1.7 P.O.Box: 5550 Dashen Banks follows with 1.16 billion birr. Anonymous . Form Annual Report 2018-2019. We have compiled their report and estimated the figures for remaining banks by carefully analyzing previous years performance and current years quarterly or half-year reports. Annual Report 2019-20 3069.1 KB 2021-09-20 annual report 2019_2020.pdf . Search the catalogue for collection items held by the National Library of Australia. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. E-mail: nbeinfo@nbe.gov.et If you are interested in subscribing, or have any questions about the database, please email thebankerdatabase@ft.com or call us on +44 (0)207 775 6370. }p$}5Xk'PE~vX_HTPoc2%QM11' f h| Designed by Techno Bros. Navigation :kf9|u)?Eku?"j`N C0CnvK6AqzcV"s(g6[cgb3s4B/:/y*N-'&5h{4jYmkznMR:1wS/Kw.v$;FX`ZK+N.{uZZLuL|zb_G:([wvpl@Jf~B'1EHIwvN%Gr6g,}=M1]GkG_GZulU]PW-)fohMNn d6[M2q]l=_;~>#och2-MZG;>7dVi^EqjEx/x 0000043002 00000 n Foreign Currency Reg. According to NBE (2019/20) annual report, the total deposit was 1.04 trillion having the share of Ethiopian private commercial banks was 42.6% as compared to the Commercial Bank of Ethiopia (CBE) which had approximately 57.4% total deposit share in the country. Researchers investigated the challenges and opportunities of adopting E-services in Commercial Bank of Ethiopia. Annual Report 2017-2018. This study examines the impact of electronic banking products on customer satisfaction of commercial bank customers in Addis Ababa and Trivandrum cities. Quick Information NBE Monetary Policy endobj 0000164253 00000 n Providing reliable, innovative, customer-friendly financial services, utilising cutting-edge technology and focusing continuously on productivity improvement whilst developing our staff and acquiring necessary expertise to expand locally and regionally. <> Report DMCA DOWNLOAD as PDF DOWNLOAD PDF Avenue: Sudan Street, Copyright 2023 National Bank of Ethiopia. Since its founding in 1942, CBE has become the largest commercial bank in Ethiopia with more than 1,200 branches nationwide and approximately . The state owned financial giant, Commercial Bank of Ethiopia (CBE), total assets will soon climb Website Developed by Epion Computer Solutions, Commercial Bank of Ethiopia (CBE) Earns 27.5bln birr Gross Profit for 2022/2021 f.y, Most Profitable Banks in Ethiopia for 2022/2021 Budget Year, Commercial Bank of Ethiopia (CBE) Earns 20 billion birr Gross Profit for 2021 / 2020 f.y, Commercial Bank of Ethiopia (CBE) Nets 14 bln birr Profit for 2020 2019, missing its target by a considerable margin, Most Profitable Ethiopian Private Banks for 2020 / 2019 Fiscal Year, Ethiopian Banks Half Year Performance Report, Commercial Bank of Ethiopia (CBE) Earns 17.9 billion birr gross profit for the 2019 / 2018 fiscal year, Commercial Bank of Ethiopia (CBE) earns 14.6 billion birr gross profit before tax for 2017/16 fiscal year, Tinsae Lottery 2015 for Apr 15, 2023 ( 82015) Winning Numbers, Admas Digital Lottery 009 for Apr 3, 2023 ( 252015) Winning Numbers, Regular Draw Lottery 1682 for Mar 30, 2023 ( 21 2015) Winning Numbers Released, Admas Digital Lottery 008 for March 3, 2023 ( 242015) Winning Numbers, Zehon Lottery for February 20, 2023 ( 13 2015) Winning Numbers Released, ONE MORE TOUR & TRAVEL GENERAL TRADING PLC, AMK Authorized Accountant & Consultant in Ethiopia, Addis Eyita Business & Investment Consultancy, Universal Training and Business Consultancy s.c, Tombola Lottery ( ) July 2022 ( 2014). The sample size was taken based. procurement notice Operation of Forex Bureaux n.d., Annual report / Commercial Bank of Ethiopia. 0000023339 00000 n YaItyopya negd bank. Forex Application Format The banks assets reached 1.2 trillion birr while its capital reached 59.1 bln birr. Declaration of Forex The study uses census survey and sampling technique. Comercial bank of Ethiopia home page - Commercial Bank Of Ethiopia CBE (Commercial Bank of Ethiopia) Ethiopia Overview | Details | Financial Data | Reports | Rankings | Senior Management | Related Banks | News Financial Data Below is a list of financial results for Commercial Bank of Ethiopia, Addis Ababa. >> In a lamentation letter addressed to the staff, the President of the Bank, Abie Sano, stated that he has never reported such a result in his career as a banker and he lacks words to describe it. Annual report for the year / Imperial Board of Telecommunications of Ethiopia, Ethiopie : musique de l'Eglise Copte / [Kurt Suttner ; traduction Pierre Landy]. Annual Report 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 Click here to Download the Annual Report of 2022 Hibret Bank Annual Report 2021Download Hibret Bank Annual Report 2019-20Download Hibret Bank Annual Report 2018-19Download Hibret Bank Annual Report 2018Download 0000068273 00000 n startxref gQr+$u+~($4KJ34 fYqtw4y{eB\S8k)l__GRVmW= t|)5b@Z F78L\_H> '|p< g{k7:L$c:-|2!. 0000024764 00000 n The banks also increased their deposit mobilization by 23.2 percent, loan collection by 18.1 percent and loan disbursement by 42.5 percent. Auditors' Report on WEDEP Grant. Avenue: Sudan Street, Copyright 2023 National Bank of Ethiopia. Report year varies. International Remittance Service DBE-ENREP-Audit 2019-20.pdf. Macro_Economic and Social Indicators2009-10, The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Sorry, preview is currently unavailable. Selected new items on display in Main Reading Room. 0000000015 00000 n WEDP Audited Financial Statement 2018/19. 52 0 obj endobj Title Size Date Downloads Annual report 2016 27714.04 KB 2021-05-08 2015-16.pdf . for 1975-76 covers period July 1975-Dec. 1976. Annual Report 2019-2020. Tel: +251 115 517 430 0000022169 00000 n Privacy Annual Report 2019-2020. We have compiled their report and estimated the figures for remaining banks by carefully analyzing previous year's performance and current year's quarterly or half-year reports. 0000022535 00000 n 0000021904 00000 n With a translation of Book 1, The monastic holy man and the Christianization of early Solomonic Ethiopia / Steven Kaplan. Fax: +251 115 514 588 Download Commercial Bank Of Ethiopia Type: PDF Date: October 2019 Size: 8.9MB This document was uploaded by user and they confirmed that they have the permission to share it. the state owned Commercial Bank of Ethiopia (CBE) - the largest bank in Ethiopia . Establishment Operation Forex Annual Report for Banks in Ethiopia Finance in Year 2021/22 cbe USD 54.1696 55.253 GBP 64.4115 65.6997 EUR 59.7978 60.9938 CHF 57.9305 59.0891 SEK 4.7499 4.8449 NOK 4.6158 4.7081 DKK 7.261 7.4062 DJF 0.3034 0.3095 JPY 0.3666 0.3739 CAD 35.9595 36.6787 SAR 13.0698 13.3312 AED 13.3492 13.6162 XAF 0.012 0.0122 INR KES AUD 32.3996 33.0476 SDR ZAR CNY 0000164837 00000 n % 0000036640 00000 n Vacancy Academia.edu uses cookies to personalize content, tailor ads and improve the user experience. Contact Us Annual report 2006 6704.12 KB 2021-05-08 . Work With Us. P.O.Box: 5550 Tel: +251 115 517 430 Avenue: Sudan Street 0 Can I get copies of items from the Library? Read More This is one of the lessons we've learned across our 100 years of operation. The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. Birr Holding Limit of Travelers Annual Report 2017-2018. . Please check your requests before visiting. The main purpose of the study is comparing the impact of e-Banking products on customer satisfaction between Trivandrum and Addis Ababa city customers. . endobj In a lamentation letter addressed to the staff, the President of the Bank, Abie Sano, stated that he has never reported such a result in his career as a banker and he lacks words to describe it. 0000024322 00000 n xref 0000023127 00000 n Fax: +251 115 514 588 E-mail: nbeinfo@nbe.gov.et Smart Media The Annual Report Company Copyright Reserved, Business Model for Sustainable Value Creation, Integrated Risk Management Committee Report, Human Resources and Remuneration Committee Report, Related Party Transactions Review Committee Report, Directors Statement on Internal Control over Financial Reporting, Managing Directors and Chief Financial Officers Statement of Responsibility, Directors Interest in Contracts with the Bank, Financial Statements Table of Content, Statement of Profit or Loss and Other Comprehensive Income, Annex 2: Compliance with Governance Directions and Codes, Annex 3: Basel III Disclosures under Pillar 3 as per the Banking Act Direction No. Basic Data of Banks in Ethiopia Balance Sheet Income Statement 2018-19 First Quarter Performance 97.74 KB 2021-05-08 . We will contact you if necessary. 0000021695 00000 n Consolidated Forex services 0000023742 00000 n According to the report, the bank mobilized 24.6 billion birr, achieving 71% of the target of collecting 34.8 billion birr. Statistically analyzed data was obtained from a self administered questionnaire that was distributed to the targeted respondents on 80 customers and 50 employee were sampled using non-probability sampling techniques. 0000021175 00000 n Operation of Forex Bureaux Commercial Bank of Ethiopia (CBE) announced a 31.8 billion birr in revenue in the first half of this Ethiopian fiscal year (2020 / 019). Search Browse alphabetically New items Advanced search | Search history Cite this Email this Add to favourites Print this page Banks Ethiopia by: Addis Software The Financial Times Limited 2023. Commercial banks opened 807 new branches in 2018/19 alone which increased the total number of branches to 5,564 from 4,757 a year ago. trailer Form 0000001201 00000 n Commercial Bank of Ethiopia Publications . Main Reading Room - Most pre 2005 held offsite, 1971-1974/1975; 1977; 1979/1980-1980/1981. P.O.Box: 5550 Tel: +251 115 517 430 E-mail: nbeinfo@nbe.gov.et Fax: +251 115 514 588 Avenue: Sudan Street Electronic Banking has been widely used in developed countries and is rapidly expanding in developing countries. financial liberalization by using the annual report of the bank. It raised total deposit to 393 billion birr although the plan was 403 billion birr. SME Audited Financial Statement 2018/19. 2021-05-08 2017-18.pdf . Controversie cristologiche in Etiopia : contributo alla storia delle correnti e della terminologia nel s A new text-critical introduction to Mashafa Berhan. period. Tel: +251 115 517 430 x{Ir|3;s73kM|ytw7BkV%B'#"nBD\&! About Us. & Forex Repatriate By using our site, you agree to our collection of information through the use of cookies. You need Flash player 8+ and JavaScript enabled to view this video embedded. The study conducted based on the data gathered from four branches of CBE, one district office and head office. 0000022386 00000 n In the banks released annual report booklets, the annual reports have put the finical performance in comparison with the previous year, 2020/21. Forex Application Format NBE Monetary Policy 0000166498 00000 n The National Bank of Ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in January 1964. The following table shows the gross profit (before tax) and net profit (after tax) of banks in Ethiopia for the 2020/2019 budget year.
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