Overview
Private commercial bank founded in 2011 and regulated by the National Bank of Ethiopia. As of 30 June 2026 it reported audited total assets of Birr 30.6 billion and customer deposits of Birr 19.0 billion.
Audited bank-only results for the year ended 30 June 2026: profit after tax of ETB 1.350 billion, down 38.4%, and pre-tax profit of ETB 1.777 billion; total assets of ETB 30.634 billion. Total operating income (net of interest and fee expense, as in earlier years) was ETB 3.755 billion, down 16.2%; gross income before funding costs was ETB 4.867 billion. Net foreign-exchange gains were ETB 0.586 billion against ETB 1.820 billion a year earlier. Customer deposits were ETB 19.031 billion, net loans ETB 11.660 billion, and the capital adequacy ratio is printed as 26% (26.36% from the note's capital and risk-weighted assets).
SourceETB 3.76B
ETB 1.35B
ETB 30.63B
SourceETB 1.98B
Performance
Income statement
| Fiscal year | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|---|---|---|
| Total Revenue | ETB 572.53M | ETB 790.64M | ETB 1.09B | ETB 1.15B | ETB 1.76B | ETB 4.48B | ETB 3.76B |
| Interest Income | ETB 515.89M | ETB 657.72M | ETB 822.68M | ETB 1.1B | ETB 1.47B | ETB 1.84B | ETB 2.6B |
| Total Expenses | ETB 298.29M | ETB 421.83M | ETB 620.86M | ETB 847.65M | ETB 1.17B | ETB 1.54B | ETB 1.98B |
| Net Profit | ETB 213.12M | ETB 271.24M | ETB 344.86M | ETB 223.48M | ETB 413.87M | ETB 2.19B | ETB 1.35B |
| Interest Expense | ETB 256.53M | ETB 358.77M | ETB 421.76M | ETB 517.41M | ETB 637.2M | ETB 794.29M | ETB 1.03B |
| Profit Before Tax | ETB 274.23M | ETB 368.81M | ETB 472.85M | ETB 306.76M | ETB 591.95M | ETB 2.94B | ETB 1.78B |
| Non Interest Income | — | — | — | — | — | — | ETB 2.27B |
| Fee And Commission Expense | — | — | — | — | — | — | ETB 78.32M |
| Income Tax Expense | — | — | — | — | — | — | ETB 426.45M |
Balance sheet
| Fiscal year | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|---|---|---|
| Total Assets | ETB 6.49B | ETB 8.87B | ETB 10.79B | ETB 12.6B | ETB 15.41B | ETB 23.64B | ETB 30.63B |
| Total Deposits | ETB 4.64B | ETB 6.28B | ETB 7.75B | ETB 9.03B | ETB 10.88B | ETB 14.58B | ETB 19.03B |
| Total Loans | ETB 3.45B | ETB 4.49B | ETB 6.03B | ETB 7.47B | ETB 8.52B | ETB 9.5B | ETB 11.66B |
| Equity | ETB 1.36B | ETB 1.62B | ETB 2.17B | ETB 2.58B | ETB 3.16B | ETB 5.64B | ETB 8.3B |
| Total Liabilities | — | — | — | — | — | — | ETB 22.33B |
| Share Capital | — | — | — | — | — | — | ETB 5B |
Cash flow
| Fiscal year | 2018EC |
|---|---|
| Net Cash From Operating | ETB 1.71B |
| Net Cash From Investing | -ETB 332.21M |
| Net Cash From Financing | -ETB 981.58M |
| Cash And Equivalents End | ETB 4.04B |
Financial health
—
—
26.4%
—
Cost-to-income
—
Liquidity ratio
—
Competitors
Peer institutions in the same sector, latest fiscal year.
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Net profit · 2017EC
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2017EC
ETB 399.39M
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Net profit · 2017EC
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Net profit · 2017EC
ETB 72.31M
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Net profit · 2017EC
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Net profit · 2017EC
-ETB 6.84B
Gadaa Bank S.C.
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2018EC
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Net profit · 2017EC
ETB 488.68M
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Net profit · 2017EC
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Net profit · 2017EC
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Net profit · 2017EC
ETB 1.24B
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Net profit · 2018EC
ETB 1.07B