Finance is the underpinning of a modern economy and a strong banking industry is critical to economic growth especially in a developing country like Ethiopia that has 17 commercial banks in total, including the Commercial Bank of Ethiopia (CBE) and 16 private banks. Those who head these banks, the presidents, have much weight on their shoulders being the custodians of the financial assets of the country. This year, for the banking industry, has been a profitable one with commercial banks registering an aggregate net profit of 22 billion Br, of which eight billion Birr came from the private banks, under the leadership of its presidents.
How such prominent figures of the economy could manage all the pressure and how their lives could differ from others?
Fortune gives a glimpse of the lives of the of these bankers and how they celebrate the holiday.
Finance is the underpinning of a modern economy and a strong banking industry is critical to economic growth especially in a developing country like Ethiopia that has 17 commercial banks in total, including the Commercial Bank of Ethiopia (CBE) and 16 private banks. Those who head these banks, the presidents, have much weight on their shoulders being the custodians of the financial assets of the country. This year, for the banking industry, has been a profitable one with commercial banks registering an aggregate net profit of 22 billion Br, of which eight billion Birr came from the private banks, under the leadership of its presidents.
How such prominent figures of the economy could manage all the pressure and how their lives could differ from others?
Fortune gives a glimpse of the lives of the of these bankers and how they celebrate the holiday.
Amharic