income of 2.5 billion Br for the 2023/24 fiscal year, ranking seventh among 28 private commercial banks. Its performance surpassed the industry's average net income of 1.9 billion Br. The Bank’s achievement is particularly notable given the intense concentration of profitability within a few top banks, which uncovers structural asymmetries in the banking industry.
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Z amZam Bank demonstrated measured growth and cautious risk management, placing it in a strong position within the niche Sharia-co...
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.