Ethiopian banks and financial institutions are currently reporting their earnings to shareholders. In the midst of increasing expenses and diminished earnings, their profits have shrunk. In the pursuit of much needed profits by banks, microfinance loans – a fixture for Ethiopia’s rural agriculturalists and micro-entrepreneurs – are beginning to be identified as a way to improve the performance of some private banks.
Source: http://addisfortune.net/addisfortune/thrives-strives/