Yet, despite NIB's setbacks, its directors, executives, and shareholders showed optimism that the steps now underway will help restore depositors' confidence, improve liquidity, and eventually deliver steadier profits from a year that has been all but flattering.
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Wegagen Bank has staged a remarkable turnaround by nearly doubling its net profit and boosting earnings per share (EPS) in the fis...
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.