Bunna Bank Introduces New Look

Mar 19 , 2022

Bunna Bank has refurbished the logo and brand it has been utilising since its incorporation in 2009. Berry Advertising, a local marketing company incorporated in 2012 with 2.4 million Br in capital raised from three shareholders, carried out the rebranding for the Bank. Berry has previously completed similar work for government institutions, beverage companies and banks. Bunna Bank has raised its paid-up capital to over 3.2 billion Br in its 13 years of operation. It serves 1.8 million clients through a branch network of 333. The Bank registered 670.5 million Br in profits last year, a 52pc growth. Its assets have ballooned to nearly 26 billion Br, 37.6pc higher than what it recorded at the end of 2019/20.


ZamZam Bank Joins Commodity Exchange Payment System

The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange's (ECX) payment system. CEO of the Exchange Wendemagegnehu Negera signed the deal with the President of the Bank Melika Bedri last week. According to the CEO, joining the platform which has around 11,000 accounts registered and has transacted over 386 billion Br so far, will allow a reliable mechanism whereby traders can be certain that pay...


AfDB, ADF to Chart Transformation Path at Diamond Jubilee

The African Development Bank (AfDB) and the African Development Fund (ADF) are gearing up for a major joint meeting in Nairobi, Kenya, expected to draw around 4,000 participants. The event, taking place at the Kenyatta International Conference Centre in late May, will focus on "Africa's Transformation," a theme reflecting the continent's ongoing pursuit of economic and social development. "Despite progress over the years, Africa's transformation remains incomplete," said Vincent O. Nmehielle...


Big Art Sale Returns to Addis

The annual Big Art Sale returns to Addis Abeba this weekend. Over 100 artists are expected to showcase their original works and prints at the Hilton Addis. What's Out Addis in partnership with the Hilton Hotel is behind the event that showcases the works of over 100 artists. Big Art Sale has been around for the past 18 years showcasing paints and prints. According to organisers, it offers a chance to meet the artists and enjoy a variety of art forms with a dedicated Kids' Corner and food and...