Abyssinia Bank’s results underline the industry’s consolidation theme that scale brings resilience. Assets crossed the 200 billion Br mark, yet profitability indicators reveal pressure from higher interest expenses. While earnings per share (EPS) growth is modest, the Bank strengthened its capital adequacy, reassuring regulators. Expansion into mobile lending is billed as the next growth lever. Fact Box • ROA: 2.1pc • CAR: 11pc • EPS: 310 Br • Profit/Employee: 0.42 million Br Read more → finance
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Abyssinia Bank’s results underline the industry’s consolidation theme that scale brings resilience. Assets crossed the 200 billion Br mark, yet profitability indicators
Addis Fortune. . Abyssinia Bank’s results underline the industry’s consolidation theme that scale brings resilience. Assets crossed the 200 billion Br mark, yet profitability indicators reveal pressure from higher interest expenses. While earnings per share (EPS) growth is modest, the Bank strengthened its capital adequacy, reassuring ...
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