The scope of the study mainly delimited to six private commercial banks which includes awash bank, dashen bank, wegagaen bank, nib, bank of abyssinia, united bank. Annual report 204516 on behalf of the board of directors and on my own behalf, i am honored to present the annual report of wegagen bank s. The banks annual report, which was approved by its board of directors in bahir dar last week, indicates, it has surpassed its target of approving 7. Awash international bank is one of the biggest and the first private commercial bank in ethiopia banking history. The financial performance of the banks was measured using five elements of camel, which. Title slide of access bank annual report 2014 slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Awash international bank of ethiopia reports 18% rise in profit. Bank of abyssinia, ethiopian bank, addis ababa bank. I feel great honor to present to you the 8th annual performance report of berhan international bank for the year ended june 30, 2017 on behalf of the. C for the fiscal year ended june 30, 2016 to esteemed shareholders, customers and all stakeholders of the bank. Nbe annual report 20142015 national bank of ethiopia. I have the privilege of presenting the balance sheet as at 31st ashadh 2070 15th july, 20. Bank of visionaries annual reports bunna bank daber bldg. In spite of the internal and external challenges, zemen bank has continued to perform well in most areas of activities.
As per the companys annual financial report, the net profit has now reached 539 million birr. The group will apply ifrs 9 retrospectively without restating. In sync with the future commer cial bank of ceylon plc e annual report 2018 pdf version where banking matters rather than banks in sync with the future in sync with the futur where banking matters rather than banks. It gives me great pleasure to welcome you to the 19th annual general meeting agm of your bank. Since 1998, wis has been a leading corporate service provider of international incorporations. Financial performance evaluation a case study of awash international bank aib a research project submitted to the department of accounting and finance, college of business and economics, mekelle university, for the partial fulfillment of the degree of master of science in finance and investment by abdi dufera reg. Ethiopian based progressive and modern banking institution, endowed with a strong financial structure and strong management, as well as a large and everincreasing customers and correspondent base. Accident form workmens compensation form fidelity guarantee form financial highlights form motor third party proposal form company profile bond proposal form fire proposal form motor insurance proposal form.
Pdf financial performance evaluation a case study of. Aided by strong growth in the banks international banking operations, pretax profits rose to birr 356. Aib is the pioneer private commercial bank in ethiopia after the downfall of the military regime and introduction of market economic policy in 1991. Each institution publishes its own annual report, all of which are available online. Prior to this proclamation, the bank used to carry out dual activities, i. Development bank of ethiopia has earned a net income of 491 million ethiopian birr during the 201112 fiscal year. Lbb00799 in accordance with the commercial code of ethiopia and the proclamation for licensing and supervision of banking business proclamation no. Most profitable ethiopian private banks for 2018 2017. Commercial bank of ceylon plc annual report 2018 5 commercial bank of ceylon plc annual report 2018. Overall, the bank is committed to continuously upgrade the current traditional banking services outlets to highly sophisticated digital banking services channels. The world bank annual report 2014 world bank 2014 the annual report is prepared by the executive directors of the international bank for reconstruction and development ibrd and the international development association idacollectively known as the world bankin accordance with the bylaws of the two institutions. The fiscal year 201617 has been a special year of success for wegagen bank. Aib is hereby pleased to present the annual report. Download annual financial statement of nigerian companies latest annual audited pdf report of companies in nigeria stock exchange.
Nib international bank announced a gross profit of 928 million birr, which is. Download the ghana international bank plc financial statements for the year 2019 by clicking the link below. Out of the 16 private banks, awash bank leads the pack with 2 billion birr gross profit for the 2020 2019 half year. It was established by 486 founder shareholders with a paidup capital of birr 24. Growth in international banking operation,as measured by the foreign exchange inflow, has seen. There are also a huge demand for islamic banks products from nonmuslim countries like malaysia, u.
Dashen bank 19th annual report 20142015 7 in an endeavor to complete the head office building, the bank has signed construction contract for. Nib international bank nib was established on 26 may 1999 under license no. The national bank of ethiopia was established in 1963 by proclamation 206 of 1963 and began operation in january 1964. Open the ghana international bank plc income statement and balance sheet for the last 5 years by clicking on the link below. Financial performance evaluation a case study of awash international bank aib. According to its website, the bank has 400 branches and more than two million customers. International agency, for determining the share swap ratio. Zemen banks board of directors is pleased to present the 201617 annual report to its esteemed shareholders, clients, and partners.
Public disclosure authorized public disclosure authorized. Pdf credit risk management practices in banking sector. Liquidity, profitability and solvency are the different dimensions of the performance of any bank. The annual report is prepared by the executive directors of the international bank for reconstruction and development ibrd and the international development association idacollectively known as the world bankin accordance with the bylaws of the two institutions. There are 2,693 commercial bank branches across the country up from 2,208 in 20152 and approximately 1,500 atms. The registered profit may make aib the leading profitable private financial institution in ethiopia, according to the reports of capital.
To be the most preferred bank of the people 2 who have always understood the need for a strong capital base for building the image of their bank and its uninterrupted growth and expansion and continuously strengthened the capital of their bank. Nonperforming loan of awash international bank for five sequential years in thousends of birr. Financial statement is an important document you cant do without if you want to invest in a company but not without knowing its performance over a. Meeting of the shareholders of awash international bank s.
The significant branch expansion was undertaken by commercial bank of ethiopia. For banks which do not have a specific value on the net profit column, the gross profit figures are close estimates and the exact figures will be adjusted when each bank provides an audited financial report to the public. Included in the table are the banks financial instruments, categorized by currency that are subject to foreign currency exposure. It has witnessed the banks 20th anniversary marked by remarkable financial results and construction of a new modern highrise monumental headquarters building. We sincerely apologise for any inconvenience this may cause as we strive to serve you better. Annual report for the year 1 july 2012 to 30 june 20. Bank of abyssinia, abyssinia ethiopia, ethiopian bank, addis ababa bank. Liquidity, profitability and solvency of uae banks.
The international bank for reconstruction and development ibrd and the international development association ida are two of the five institutions of the world bank group wbg. Currently providing their bank service in the state art of technology. Annual report for 201819 annual report for 201718 annual report for 201617 annual report for 201516 national tower, ras abebe damtew st, a. Show more resource details name annual report 201617 date 04. If you continue browsing the site, you agree to the use of cookies on this website. There will be a scheduled upgrade on this platform between 1. The bank delivers the donation to national corona virus resource mobilization committee at ministry of peace with the presence of the bank board chairperson wo hanna tilahun and the president ato. To be the most preferred bank of the people as we look ahead, the 201011 financial year is likely to present both opportunities and challenges to aib. About awash international bank awash international bank s. I have also the honor to present the annual report of the board for the. Download financial statements pdf download financial statements one page summary pdf 5 year annual summary.
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