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Dashen Bank Pre-Tax Profit More Than Doubles to ETB 15.21 Billion as Assets Near ETB 350 Billion

Business

OCT 29, 2026·2 MIN READ

Dashen Bank Pre-Tax Profit More Than Doubles to ETB 15.21 Billion as Assets Near ETB 350 Billion

Dashen Bank reported a 127.6% rise in profit before tax to ETB 15.21 billion for FY 2025/26, with total assets growing 37.4% to ETB 349.66 billion and foreign currency mobilization reaching USD 1.4 billion.

Business

OCT 22, 2026·2 MIN READ

Prize Worth Investment Bank Joins Ethiopian Securities Exchange as Ninth Trading Member

Prize Worth Investment Bank S.C. has officially become the ninth Trading Member of the Ethiopian Securities Exchange after securing its license from the Ethiopian Capital Market Authority. The move expands brokerage access for investors and supports the growth of Ethiopia's capital market.

Ethiopia

OCT 22, 2026·3 MIN READ

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Hibret Bank reported a pre-tax profit of 5.46 billion birr for the 2025/26 fiscal year, up 628.55 percent from the previous year. The bank said revenue diversification, cost management, and a foreign exchange gain drove the turnaround.

Ethiopia

OCT 19, 2026·2 MIN READ

Carrefour to Launch in Addis Ababa Within Two Weeks as Queens Supermarket Rebranding Accelerates

French retail giant Carrefour is set to begin operations in select Addis Ababa locations within two weeks, following a franchise agreement with MIDROC Investment Group. The launch involves rebranding 15 Queens Supermarket branches and constructing three new Carrefour stores in the capital.

Business

OCT 17, 2026·3 MIN READ

Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Cooperative Bank of Oromia's audited 2025/26 results show profit before tax of 8.11 billion birr and net profit of 6.14 billion birr, driven by higher lending income and a foreign-exchange turnaround. The bank's total assets reached 224.09 billion birr.

BusinessOCT 17, 2026

Cooperative bank of Oromia's pretax profit jumps to 11.5 billion birr as assets reach 224 billion

EthiopiaOCT 15, 2026

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

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Business2 MIN READ

Dashen Bank Pre-Tax Profit More Than Doubles to ETB 15.21 Billion as Assets Near ETB 350 Billion

Bethlehem GashawOCT 29, 2026

Business2 MIN READ

Prize Worth Investment Bank Joins Ethiopian Securities Exchange as Ninth Trading Member

Bethlehem GashawOCT 22, 2026

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Ethiopia3 MIN READ

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Bethlehem GashawOCT 22, 2026

Ethiopia2 MIN READ

Carrefour to Launch in Addis Ababa Within Two Weeks as Queens Supermarket Rebranding Accelerates

Bethlehem GashawOCT 19, 2026

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