Awash Bank Earnings Hit 40.7 bln birr as FX Holdings Reach $2.65 bln
Awash Bank posted earnings of 40.7 billion birr for the fiscal year ended June 30, 2026, as its foreign currency position strengthened to 2.65 billion US dollars, helped by Ethiopia’s foreign exchange liberalisation and the lender’s own mobilisation efforts. Deposits rose to 467.8 billion birr, an increase of 135 billion birr, or 41 percent, Chief...