For the year ended June 30, 2024, Zemen Bank posted a net profit of 2.39 billion birr (20.2 million), up 32 percent from the prior year period. Gross profit surged 36.8 percent to a record 3.77 billion birr. Profitability metrics like return on average assets of 4.47 percent and return on average equity of 27.02 […]
For the year ended June 30, 2024, Zemen Bank posted a net profit of 2.39 billion birr (20.2 million), up 32 percent from the prior year period. Gross profit surged 36.8 percent to a record 3.77 billion birr. Profitability metrics like return on average assets of 4.47 percent and return on average equity of 27.02 […]
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