DGB News, December 2018: DGB Celebrates A 253 Percent Growth in Profit
Global Bank EthiopiaSingle-page DGB News bulletin, masthead December 2018, reporting the outcome of Debub Global Bank's 6th annual general meeting held at the Millennium Hall on 15 December 2018. Board chairman Nuredin Awol is reported as announcing a profit of Birr 142 million for the year to 30 June 2018, a 253 percent increase, with net profit after tax of Birr 107 million. The bulletin further reports total assets of Birr 3.3 billion; total revenue of Birr 420.4 million (51 percent interest and 49 percent non-interest income) against total expenditure of Birr 278.5 million; total credit of Birr 1.58 billion, up 101 percent; foreign exchange earnings of USD 45.4 million, up 71 percent; deposits of Birr 2.15 billion at 30 June 2018, up 50 percent, across 91,000 accounts (from 61,630); paid-up capital of Birr 579.8 million, up 65 percent from Birr 351.2 million; 40 branches; and 551 permanent employees (157 female, 394 male). Published date uses the issue masthead month of December 2018; no day is printed, and the file sits in the publisher's /wp-content/uploads/2019/01/ folder. 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
- 2010EC
- Published
- Language
- English, አማርኛ
- Pages
- 1
- File size
- 1000 KB
- Source checked