Overview
Private commercial bank that became operational on 18 June 2022. Total assets reached Birr 43.4 billion as of 30 June 2025.
Revenue grew 28.8% to ETB 5,638.1 million and net profit rose 12.9% to ETB 592.3 million; total assets reached ETB 43,384.8 million.
SourceETB 5.64B
ETB 592.33M
ETB 43.38B
SourceETB 4.98B
Performance
Income statement
| Fiscal year | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|
| Total Revenue | ETB 531M | ETB 1.78B | ETB 4.38B | ETB 5.64B |
| Interest Income | ETB 182.14M | ETB 1.59B | ETB 3.77B | ETB 4.51B |
| Total Expenses | ETB 294.04M | ETB 2.26B | ETB 4.02B | ETB 4.98B |
| Net Profit | ETB 197.11M | -ETB 170.06M | ETB 524.49M | ETB 592.33M |
| Non Interest Income | ETB 348.86M | ETB 185.11M | ETB 603.79M | ETB 1.13B |
| Interest Expense | ETB 2.06M | ETB 432.1M | ETB 1.35B | ETB 1.47B |
| Profit Before Tax | ETB 236.96M | -ETB 481.76M | ETB 353.9M | ETB 654.83M |
Balance sheet
| Fiscal year | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|
| Total Assets | ETB 7.07B | ETB 28.43B | ETB 35.22B | ETB 43.38B |
| Total Deposits | ETB 401.1M | ETB 19.82B | ETB 25.06B | ETB 31.49B |
| Equity | ETB 5.03B | ETB 5.88B | ETB 7.1B | ETB 8.62B |
| Total Loans | — | ETB 14.94B | ETB 19.92B | ETB 25.62B |
Financial health
—
—
23.0%
—
Cost-to-income
—
Liquidity ratio
—
Competitors
Peer institutions in the same sector, latest fiscal year.
Commercial Bank of Ethiopia
state-owned-commercial-bank
Net profit · 2017EC
ETB 38.71B
Awash Bank
private-commercial-bank
Net profit · 2018EC
ETB 29.34B

Dashen Bank
private-commercial-bank
Net profit · 2018EC
ETB 11.8B
Global Bank Ethiopia
private-commercial-bank
Net profit · 2017EC
ETB 756.63M

Addis International Bank
private-commercial-bank
Net profit · 2018EC
ETB 1.35B
Wegagen Bank
private-commercial-bank
Net profit · 2018EC
ETB 3.15B

Bank of Abyssinia
private-commercial-bank
Net profit · 2018EC
ETB 11.54B

Nib International Bank
private-commercial-bank
Net profit · 2017EC
-ETB 2.98B

Zemen Bank
private-commercial-bank
Net profit · 2018EC
ETB 6.75B

Bunna Bank
private-commercial-bank
Net profit · 2018EC
ETB 2.42B

Cooperative Bank of Oromia
private-cooperative-bank
Net profit · 2018EC
ETB 6.14B

Oromia Bank
private-commercial-bank
Net profit · 2018EC
ETB 2.84B

Lion Bank (Anbessa)
private-commercial-bank
Net profit · 2017EC
ETB 1.43B

Abay Bank
private-commercial-bank
Net profit · 2018EC
ETB 4.55B

Berhan Bank
private-commercial-bank
Net profit · 2017EC
ETB 2.1B

Ahadu Bank
private-commercial-bank
Net profit · 2017EC
ETB 399.39M

Tsehay Bank
private-commercial-bank
Net profit · 2017EC
-ETB 271.4M

Sidama Bank
private-commercial-bank
Net profit · 2017EC
ETB 72.31M

Development Bank of Ethiopia
state-owned-development-bank
Net profit · 2017EC
-ETB 6.84B

Gadaa Bank S.C.
private-commercial-bank
Net profit · 2018EC
ETB 759.23M

Goh Betoch Bank
private-commercial-bank
Net profit · 2017EC
ETB 65.53M
Hibret Bank
private-commercial-bank
Net profit · 2018EC
ETB 4.02B
Hijra Bank
interest-free-bank
Net profit · 2017EC
ETB 488.68M

Shabelle Bank
interest-free-bank
Net profit · 2017EC
ETB 20.95M

Siinqee Bank
private-commercial-bank
Net profit · 2017EC
ETB 3.35B

Siket Bank
private-commercial-bank
Net profit · 2017EC
ETB 1.24B

ZamZam Bank
interest-free-bank
Net profit · 2018EC
ETB 1.07B
