Enat Bank Expansion Bid Strains Profitability Due to Surging Costs
[Addis Fortune - Ethiopia] - 16/02/2025
Enat Bank closed its 2023/24 financial year with considerable growth in assets, deposits, and equity, yet it found its profitability under pressure as expenses climbed and took a bite out of margins. The Bank’s balance sheet strength was evident in its total assets, which rose to 27.2 billion (…)
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