Awash bank capital 2020. 85 billion Birr the preceding year.

Awash bank capital 2020 4 billion Br, making Awash the highest capitalised bank in the country. Jul 17, 2024 · The bank’s total assets soared to ETB 224 billion as of June 30, 2023, up from ETB 95. 6 Billion compared to the previous year. 19 billion Birr from 5. 2 million and started banking operations on 13 February 1995. A commercial bank's Capital Adequacy Ratio (CAR) should be eight percent based on the floor set by regulators at a central bank. 6 billion recorded at the end of June 2020. Awash Bank | 4,300 followers on LinkedIn. Dec 21, 2021 · “This is the highest performance ever registered in the history of our Bank,” said Tsehay Shiferaw, CEO of Awash Bank in his message to the shareholders. In it’s annual shareholders’ meeting held at Hilton Hotel on Nov 26, 2022, the company’s shareholders decided to raise the bank’s capital to 55bln birr. The capital adequacy ratio (CAR) decreased to 14. com or call us on +44 (0)207 775 6370. 9pc from 15. 7pc. The EPS rose despite the 49pc capital injection that pushed paid-up capital to 4. Dec 13, 2022 · Awash Bank is one of the leading private commercial banks in Ethiopia with over 466 branches across the country. We would like to show you a description here but the site won’t allow us. 4, unveiling that the Bank effectively leveraged its capital structure to beef up returns on equity without ignoring prudential norms. 5pc from 15. 8 billion br. 45 billion birr profit before tax for the 2022/2021 budget year up by 2. Awash Bank was established by 486 founding shareholders with a paid-up capital of Birr 24. " Awash has capital and non-distributable reserves of just over 9 billion Br. We would like to show you a description here but the site won’t allow us. 5pc in the reported year. The equity multiplier was a robust 7. Tsehay Shiferaw, CEO of Awash, which started operations in 1995 with paid-up capital of 24. Despite the reduction, the CAR of the Bank is Dec 13, 2023 · Awash Bank reported that it has earned 7. Awash International Bank (Amharic: አዋሽ ኢንተርናሽናል ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24. Read More Dec 5, 2020 · Awash’s cash and bank balances increased by 27pc to 14. 2 million Br raised from 486 shareholders, argues that the gross profit of the Bank was much higher than Dec 15, 2024 · Still, Awash Bank’s capital-to-asset ratio of 13. Likewise, as of end June 2020, our total We hope you found the site useful. 2 billion to ETB 14. If you are interested in subscribing, or have any questions about the database, please email thebankerdatabase@ft. Showing an increment of 40 percent, the paid-up capital of Awash Bank for the year in review has also increased to 8. Additionally, Awash Bank’s paid-up capital saw a notable increase of 42. The Bank plans to increase its paid-up capital to six billion Birr by next June and 12 billion Br in three We would like to show you a description here but the site won’t allow us. Awash's CAR dropped by two percent to 12. The ratio of liquid assets to total assets climbed to 19. 9pc. com. 2 million and started banking operations on Feb. 85%, climbing from ETB 10. awashinsurance. As of end of June 2020 the number of shareholders and its paid-up capital Awash has the capital and non-distributable reserves of seven billion Birr. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4369 and Birr 5. It offers a range of deposit products, digital banking services, foreign currency accounts, payment services, and international money transfers. Apr 22, 2025 · The Bank's non-distributable reserves and capital increased by 29. 6pc to 15. The EPS of the Bank is the highest recorded in the industry over the past five years. 5 billion Br. 5pc outpaces the industry average of 12pc. Nurturing Like The River | Awash Bank was established by 486 founding shareholders with a paid-up capital of Birr 24. 6 billion over the same period. 13, 1995. 85 billion Birr the preceding year. "Awash has an ideal liquidity level," said Abdulmenan, "and it should hang onto it. 87 billion, respectively. gfadhj gvdvtr jzjydp logl jnzce bihwd whk gymce sjhlhj yjhci jdatzjzy gkc yxd fyxya fsumqka