Net foreign exchange income turned positive at 99.19 million Br, compared with a loss of 223.56 million Br the previous year. Based in London, financial statement analyst Abdulmenan Mohammed (PhD) called the turnaround “remarkable,” a bright spot in an otherwise cautious market.
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Abay Bank has racked up noteworthy expansions in deposits, assets, and overall revenue. Yet its impressive growth trajectory conta...
Experience the full story in our exclusive digital edition. Addis Fortune Finance – Volume 2 takes you inside the defining moments of Ethiopia’s banking year. From record-breaking profits to emerging risks, this issue offers in-depth analysis, data-driven insights, and expert commentary.