Debub Global Makes False Start in Banking Journey Although it is common for newcomers to struggle in the first year, the 14.3 million Br loss is excessive From left to right Nuredin Awol, Board chairperson of Debub Global Bank, Worku Lemma, president, Melaku W. Mariam and Haile Hamaro, Board members, during the annual general assembly held at the Millennium Hall. Debub Global Bank, which joined the banking industry as the 15th private bank in August 2012, incurred significant losses compared to other newcomers, during its first 11 months of operations. The annual audited report released during the second annual general shareholders meeting, held on December 21, 2013, at the Millennium Hall, disclosed that the Bank has finished the year by reporting a loss of 14.3 millionBr.Even though making a loss is common for newcomers to the industry, the amount reported at Debub Global is huge. Debub has earned a total income of 14.8 million Br, while spending 29.1 million Br