Nib Bank Registers 4.2 Billion Pre Tax Profit in 2025/26
Nib International Bank registered 4.2 Billion Birr Pre-Tax profit in fiscal year 2025/26. Last year, the bank registered 2.9 billion birr loss after the Ethiopian government liberalized foreign exchange market.
Total deposits of the bank have risen to 59 billion Birr, showing 14% increase. Its total assets stand at 75 billion Birr. Nib international bank was established in May 1999. It officially began its business operations in October 28, 1999. It has a network of 449 branches across Ethiopia. The headquarters of Nib International Bank is located on Ras Abebe Aragay Street, Sengatera Addis Ababa, Ethiopia.
