Dashen Bank Announces Total Assets Reached 350 Billion Birr

Dashen Bank announced at its annual shareholders' meeting that its total assets have reached 350 billion Birr. The bank reported a pre-tax profit of 15.2 billion Birr and a total revenue of 47 billion Birr for the fiscal year.

Furthermore, the bank recorded 280 billion Birr in customer deposits and 165.4 billion Birr in outstanding loans. Board Chairman Ato Dulla Mekonnen stated that the bank secured over 1.4 billion USD in foreign exchange, while the Dashen Super App processed over 29.4 million transactions, totaling more than 309 billion Birr.