Financial Year 2006/07 Six Months exertion Review of the stranding application By Business Development, Planning and research Division July 2007 1. A review of believes Performance from Dec 31, 2006 to Mar 31,2007 1.1Deposit mobilization The amassed development sum up of deposits was preserve by the industry in general for the third fag end of FY 2006/07 that is 2.38%. Both underground and government banks has registered a produce rate of 12.36% and 11.39% respectively. Of the buck occult buzzwords, cooperative Bank of Oromia registered the highest exploitation rate 38.55%, followed by United Bank 12.94% and Nib global Bank 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 certify a growth rate of 3.76% and 7.63% respectively where as DBE remain constant (Zero growth rate). In the third buns of the pecuniary year 2006/07, private Banks show a important aid in market funct ion by arranging 0.87% growth while government Banks decline their market percentage by the same percentage, this was mainly the declined in the market portion out of CBE i.e.0.86%. Among private Banks, United Bank has registered the highest improvement 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 recorded as the least from private Banks.
Deposits mobilization by commercial Banks and specialized bank ! In 000 Birr Banks31-Dec-06Market Share31-Mar-07Market ShareGrowth arrangeVariation in Mkt Share Absolute% age commercialized 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 want to get a good essay, order it on our website:
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