DGB News: Debub Global Bank reaches paid up capital of ETB 500 Million and registers a Profit of ETB 67.7 Million
Global Bank EthiopiaSingle-page DGB News bulletin issued by Debub Global Bank reporting the outcome of its 5th annual general meeting, held on 16 December 2017 at the Millennium Hall. The bulletin states that, on audited results for the 2016/17 fiscal year, the bank registered a gross profit of Birr 67.7 million; that total assets grew 59.8 percent to Birr 2.1 billion from Birr 1.3 billion the previous year; that total deposits reached Birr 1.4 billion, up 64.2 percent; and that paid-up capital reached Birr 500 million, meeting the minimum set by the National Bank of Ethiopia. It also records that shareholders voted on 22 candidates for the board of directors, the result to be announced after due diligence. Published date is the date carried in the publisher's own file name (DGB-NEWS-Jan-9-2018), consistent with the /wp-content/uploads/2018/01/ upload path; the bulletin carries no printed issue date. Recovered from a Wayback Machine capture of the former debubglobalbank.com domain, which no longer resolves.
- Institution
- Global Bank Ethiopia
- Type
- press-release
- Fiscal year
- 2009EC
- Published
- Language
- English, አማርኛ
- Pages
- 1
- File size
- 404 KB
- Source checked