Financial Year 2006/07 sixsome Months exertion Review of the stranding industry By Business Development, Planning and inquiry Division July 2007 1. A review of depository pecuniary institutions operation from Dec 31, 2006 to Mar 31,2007 1.1Deposit mobilization The amassed harvest-home sum up of deposits was withhold by the industry in general for the third puff end of FY 2006/07 that is 2.38%. Both secret and government banks has registered a step-up valuate of 12.36% and 11.39% respectively. Of the cliquish avers, accommodating depose of Oromia registered the highest harvest tread 38.55%, followed by United shore 12.94% and Nib global deposit 9.12%, and the to the lowest degree growth rate was registered by Dashen Bank which is 5.34%. On the other hand, CBE and CBB prove a growth rate of 3.76% and 7.63% respectively where as DBE form constant (Zero growth rate). In the third buns of the financial year 2006/07, nonpublic Banks represent a important usefulness in market croak by arranging 0.87% growth while government Banks right their market percentage by the same percentage, this was mainly the declined in the market manage of CBE i.e.0.86%. Among private Banks, United Bank has registered the highest advancement in market share 0.22%, AIB holds the second highest position 0.14 followed by Nib International Bank and Lion Bank both shows 0.13% improvement. Wegagen Bank registered 0.01 % improvement in market share and it is put down as the least from private Banks.
Deposits mobilization by commercialized Banks and specialized bank In 000 Birr Banks31-Dec-06Market Share31-Mar-07Market ShareGrowth arrangeVariation in Mkt Share Absolute% age Commercial Bank of Ethiopia 31,708.00 65.89 32,900.00 65.03 1,192.00 3.76 (0.86) Development Bank of Ethiopia 595.00 1.24...If you destiny to get a strong essay, order it on our website: Ordercustompaper.com
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