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The Ethiopian Business Bank positioned third among East African banks by enlisting a capital of 929 million bucks in Europe in 2022.

• It has been expressed that banks in Ethiopia, including the Business Bank of Ethiopia, are performing better.

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As per the information distributed by African Business in light of the examination led based on the stores and benefits of East African banks in 2022, the Business Bank of Ethiopia kept a capital of 929 million bucks in the year and was positioned third among East African banks.

Kenya’s Value Bank Gathering took the primary spot with a capital of 1,558 million bucks, while KCB Bank had the option to assume the following position with a capital of 1,233 million bucks.

The Business Bank of Ethiopia positions first among all East African keeps money with complete resources of 22 billion bucks, and it has practically twofold the resources of Value Bank Gathering, African Business said in the report.

As per the yearly report of African Business, the presentation of banks in East Africa in 2022 is powerless, and banks in Ethiopia, including the Business Bank of Ethiopia, are performing better.

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