Ethiopia

BEST BANK
Dahsen Bank

Measured by total assets, the Ethiopian banking industry is still dominated by Commercial Bank of Ethiopia, which continues to make encouraging progress in addressing the formidable challenges of its non-performing loans. It is also modernizing its 172-branch network and has recently rolled out its first eight ATM machines.

Of the more nimble private sector operators, Bank of Abyssinia made spectacular progress in 2004, doubling its net interest revenue and lifting its net income from a meagre Br5.4