Total Assets of Amhara Bank Reach 35 Billion Birr

The total assets of Amhara Bank have reached 35 billion birr.

The bank held its 3rd general meeting of shareholders this week at Millennium Hall in Addis Ababa. It was announced during the meeting that the bank’s total assets reached 35.2 billion birr. The bank announced a profit of 669 million birr.

According to the information shared at the meeting, the bank’s loan volume to customers has increased by 33 percent to approximately 20 billion birr. Its total deposits have increased by 26 percent, and regular and interest-free banking services have reached a total of 25 billion birr.

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