Company: Nib International Bank
Average Rate of Return (4 Years Data): 28.7% of par value.
2016: 129 ETB
2017: 157 ETB
2018: 134 ETB
2019: 154 ETB
Shares offered for sale:
Number of share for sale: 200
Price Per One Share: 700 ETB
Price for 200 shares: 140,000 ETB
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About the Company:
Nib International Bank (NIB) was established by 717 Shareholders on 26 May 1999 under license no. LBB/007/99 in accordance with the Commercial Code of Ethiopia and the Proclamation for Licensing and Supervision of Banking Business Proclamation no. 84/1994 with the paid up Capital of Birr 27.6 million and authorized capital of Birr 150 million. The Bank commenced the operation in 28 October 1999 by 27 employees.