Overview
Bank of Abyssinia. Latest authored financials cover FY2025/26 (2018 E.C.), supported by audited annual statements. Bank-only.
Audited bank-only results for the year ended 30 June 2026: profit after tax of ETB 11.536 billion, up 58.1%; total assets of ETB 381.497 billion. Gross income before funding costs and impairments was ETB 55.238 billion, up 41.4%. The annual report states return on equity of 29.0% and a capital adequacy ratio of 10.12% under the previous NBE directive; under the new risk-based directive it reports a total capital ratio of 10.0%.
SourceETB 55.24B
ETB 11.54B
ETB 381.5B
SourceETB 39.39B
Performance
Income statement
| Fiscal year | 2008EC | 2009EC | 2010EC | 2011EC | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | ETB 1.63B | ETB 2.38B | ETB 3.27B | ETB 4.29B | ETB 5.67B | ETB 10.2B | ETB 16.72B | ETB 22.73B | ETB 27.75B | ETB 39.07B | ETB 55.24B |
| Interest Income | ETB 1.1B | ETB 1.59B | ETB 2.72B | ETB 3.5B | ETB 4.85B | ETB 7.86B | ETB 14.35B | ETB 20.96B | ETB 24.6B | ETB 32.72B | ETB 43.69B |
| Total Expenses | ETB 1.15B | ETB 1.67B | ETB 2.51B | ETB 3.26B | ETB 4.59B | ETB 8.15B | ETB 12.06B | ETB 17.5B | ETB 22.47B | ETB 28.97B | ETB 39.39B |
| Net Profit | ETB 374.78M | ETB 534.73M | ETB 562.8M | ETB 777.01M | ETB 853.64M | ETB 1.34B | ETB 3.24B | ETB 3.87B | ETB 4.24B | ETB 7.3B | ETB 11.54B |
| Non Interest Income | ETB 535.73M | ETB 789.14M | ETB 552.71M | ETB 784.36M | ETB 823.15M | ETB 2.35B | ETB 2.36B | ETB 1.76B | ETB 3.14B | ETB 6.35B | ETB 11.55B |
| Interest Expense | ETB 452.63M | ETB 599.43M | ETB 1.06B | ETB 1.51B | ETB 1.81B | ETB 2.69B | ETB 4.23B | ETB 6.14B | ETB 8.02B | ETB 10.32B | ETB 14.95B |
| Impairment Charges | ETB 19.43M | ETB 96.74M | ETB 118.36M | ETB 148.47M | ETB 138.82M | ETB 879.07M | ETB 642.36M | ETB 960.48M | ETB 1.03B | ETB 2.63B | — |
| Operating Expenses | ETB 674.15M | ETB 978.34M | ETB 1.33B | ETB 1.61B | ETB 2.64B | ETB 4.58B | ETB 7.19B | ETB 10.4B | ETB 13.42B | ETB 16.02B | — |
| Profit Before Tax | ETB 487.24M | ETB 704.46M | ETB 765.71M | ETB 1.02B | ETB 1.08B | ETB 2.05B | ETB 4.65B | ETB 5.23B | ETB 5.28B | ETB 10.1B | ETB 15.85B |
| Income Tax Expense | ETB 112.46M | ETB 169.73M | ETB 202.91M | ETB 247.02M | ETB 227.76M | ETB 709.59M | ETB 1.42B | ETB 1.36B | ETB 1.04B | ETB 2.8B | ETB 4.31B |
Balance sheet
| Fiscal year | 2008EC | 2009EC | 2010EC | 2011EC | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ETB 16.83B | ETB 25.32B | ETB 31.98B | ETB 39.29B | ETB 56.89B | ETB 103.85B | ETB 149.45B | ETB 189.51B | ETB 222.3B | ETB 286.23B | ETB 381.5B |
| Total Deposits | ETB 13.63B | ETB 20.7B | ETB 25.79B | ETB 32.15B | ETB 47.63B | ETB 88.88B | ETB 122.05B | ETB 158.54B | ETB 192.51B | ETB 243.18B | ETB 318.79B |
| Total Loans | ETB 8.01B | ETB 13.93B | ETB 17.78B | ETB 23.42B | ETB 36.8B | ETB 75.45B | ETB 111.58B | ETB 143.8B | ETB 163.92B | ETB 193.38B | ETB 249B |
| Equity | ETB 2.12B | ETB 2.9B | ETB 4.25B | ETB 4.95B | ETB 5.68B | ETB 8.65B | ETB 14.22B | ETB 19.48B | ETB 23.19B | ETB 28.84B | ETB 39.51B |
| Total Liabilities | — | — | — | — | — | — | — | — | — | — | ETB 341.99B |
| Share Capital | — | — | — | — | — | — | — | — | — | — | ETB 17.48B |
Cash flow
| Fiscal year | 2018EC |
|---|---|
| Net Cash From Operating | ETB 35.8B |
| Net Cash From Investing | -ETB 10.2B |
| Net Cash From Financing | -ETB 1.15B |
| Cash And Equivalents End | ETB 76.42B |
Financial health
29.0%
3.0%
10.1%
—
Cost-to-income
68.1%
Liquidity ratio
25.8%
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
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
Amhara Bank
private-commercial-bank
Net profit · 2017EC
ETB 592.33M
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