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Global Bank Ethiopia collected an income of 3.02 billion birr

 

* He increased the dividend to 30%

 

#Ethiopia Global Bank Ethiopia, which is known with the motto "We work for our common success", today December 6/2016. Held the 11th General Meeting of Shareholders at Millennium Hall where the shareholders were invited guests.

 

 Dr. Bikila Huresa, chairman of the bank's board of directors, announced that it made 3.02 billion in revenue.

 

In addition, the reason for our 46 percent increase compared to last year is because we have provided better services to customers, we have built a higher leadership and we have done extensive work to collect wealth, Dr. Bikila said.

 

Also Mr. Binyam Fikadu, who is the head of the Marketing and Communication Department, spoke about the basic activities that the bank has carried out.

 

According to this, Global Bank Ethiopia has stated that the profit rate is 88 percent higher than last year and the profit is high.

 

Global Bank Ethiopia has been able to increase its paid-up capital to 2.03 billion, and this performance has shown a 25 percent growth compared to last year, and in the budget closed on June 30/2023, the bank's total wealth has reached 19 billion, and this wealth is 34 percent compared to the wealth of 14.1 billion the bank produced last year. It has progressed.

 

It is stated that the bank managed to make a profit of 696.1 million before tax in the fiscal year, and achieved an 88 percent growth and a 30 percent dividend.

 

Category
Celebrity
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