Oct 12 , 2025
Zemen Bank S.C. has approved the distribution of three percent from funds retained over the past five years, originally earmarked to hedge against default risk. The decision, announced during its 12th general assembly held last week at the Millennium Hall, follows the Bank’s strengthened liquidity position and its growing access to capital markets. Shareholders may either reinvest the payout to boost their holdings or receive the funds as cash dividends. In the just-ended fiscal year, Zemen Bank reported a net profit of 5.81 billion Br and declared four billion birr in dividends.
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