Overview
State-owned commercial bank serving Ethiopia since 1942. The country's largest bank, with 1,942 branches and total assets of Birr 1.4 trillion as of 30 June 2024.
Revenue grew 14.4% to ETB 137.2 billion and net profit rose 26.1% to ETB 22.0 billion; total assets reached ETB 1,434.4 billion.
SourceETB 137.22B
ETB 22.01B
ETB 1.43T
SourceETB 110.92B
Performance
Income statement
| Fiscal year | 2013EC | 2014EC | 2015EC | 2016EC |
|---|---|---|---|---|
| Total Revenue | ETB 80.02B | ETB 117.69B | ETB 119.92B | ETB 137.22B |
| Interest Income | ETB 65.3B | ETB 82.18B | ETB 87.81B | ETB 101.02B |
| Total Expenses | ETB 60.94B | ETB 96.04B | ETB 97.97B | ETB 110.92B |
| Net Profit | ETB 13.28B | ETB 16.5B | ETB 17.45B | ETB 22.01B |
| Non Interest Income | ETB 16.03B | ETB 31.38B | ETB 28.23B | ETB 33.04B |
| Interest Expense | ETB 33.17B | ETB 38.77B | ETB 45.72B | ETB 44.49B |
| Profit Before Tax | ETB 19.09B | ETB 21.66B | ETB 21.95B | ETB 26.3B |
Balance sheet
| Fiscal year | 2013EC | 2014EC | 2015EC | 2016EC |
|---|---|---|---|---|
| Total Assets | ETB 990.89B | ETB 1.16T | ETB 1.3T | ETB 1.43T |
| Total Deposits | ETB 735.03B | ETB 889.44B | ETB 1.05T | ETB 1.17T |
| Total Loans | ETB 278.94B | ETB 293.31B | ETB 329.27B | ETB 421.48B |
| Equity | ETB 63.81B | ETB 71.9B | ETB 75.3B | ETB 88.79B |
Financial health
32.8%
1.9%
22.0%
—
Cost-to-income
—
Liquidity ratio
—
Competitors
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