Yalemwork Jemberu performance on Fana Lamrot Spring Bank stated that its total deposits reached 24.5 billion birrAddis Ababa, December 22 Gedu Andargachew, Chairman of the Board of the Bank, stated that the total deposits of Spring Bank in 2014 reached 24.5 billion.
Suning Bank is holding its 1st Annual General Meeting of Shareholders in Bahir Dar City. Ato Gedu said that in 2014, the bank achieved encouraging results in terms of various parameters. He also stated that the bank’s deposits increased by 12 percent and reached 24.5 billion total deposits.
In a June 2020/21 report, the bank recorded 38.9 billion birr capital and 9.5 billion birr total net capital. He said the bank has reached 28.1 billion birr in savings and has made a total profit of 1.4 billion birr.
Compared to last year, it is said to have shown a growth of 29 percent, and the ability to provide credit services to many citizens has also been raised.