Overview
State-owned development bank with roots going back to 1909, fully owned by the Federal Government of Ethiopia; its 2024/25 board report names Ethiopian Investment Holdings as its supervising body. It provides medium- and long-term project finance in priority sectors such as agriculture and manufacturing. Total assets were Birr 172.9 billion as of 30 June 2025 (audited, bank-only).
Total operating income rose 13.7% to ETB 7,982.0 million, but a loan impairment charge of ETB 10,321.8 million produced a net loss of ETB 6,842.9 million, compared with a net profit of ETB 5,295.6 million in 2023/24. Total assets fell to ETB 172,919.2 million and the capital adequacy ratio stood at 24%.
SourceETB 7.98B
-ETB 6.84B
ETB 172.92B
SourceETB 14.83B
Performance
Income statement
| Fiscal year | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|---|
| Total Revenue | ETB 4.88B | ETB 5.4B | ETB 5.04B | ETB 8.82B | ETB 7.02B | ETB 7.98B |
| Interest Income | ETB 6.84B | ETB 7.56B | ETB 7.28B | ETB 11.81B | ETB 12B | ETB 13.18B |
| Total Expenses | ETB 3.03B | ETB 733.5M | ETB 1.62B | ETB 2.36B | ETB 1.74B | ETB 14.83B |
| Net Profit | ETB 1.87B | ETB 3.86B | ETB 3.41B | ETB 5.74B | ETB 5.3B | -ETB 6.84B |
| Interest Expense | ETB 2.66B | ETB 2.87B | ETB 3.12B | ETB 4.2B | ETB 6.84B | ETB 7.9B |
| Profit Before Tax | ETB 1.84B | ETB 4.67B | ETB 3.43B | ETB 6.46B | ETB 5.28B | -ETB 6.85B |
| Income Tax Expense | — | — | — | — | — | -ETB 9.35M |
| Loan Impairment Charge | — | — | — | — | — | ETB 10.32B |
| Other Impairment Charge | — | — | — | — | — | ETB 439.88M |
Balance sheet
| Fiscal year | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|---|
| Total Assets | ETB 95.88B | ETB 123.04B | ETB 127.33B | ETB 160.16B | ETB 182.12B | ETB 172.92B |
| Total Deposits | ETB 729.66M | ETB 746.48M | ETB 656.57M | ETB 1.56B | ETB 630.69M | ETB 660.88M |
| Total Loans | ETB 43.27B | ETB 50.46B | ETB 53.96B | ETB 67.65B | ETB 89B | ETB 84.73B |
| Equity | ETB 7.53B | ETB 32B | ETB 35.43B | ETB 37.07B | ETB 39.82B | ETB 31.22B |
| Total Liabilities | ETB 88.35B | ETB 91.04B | ETB 91.9B | ETB 123.09B | ETB 142.3B | ETB 141.7B |
| Share Capital | — | — | — | — | — | ETB 28.52B |
Cash flow
| Fiscal year | 2017EC |
|---|---|
| Net Cash From Operating | ETB 1.14B |
| Net Cash From Investing | -ETB 4.7B |
| Net Cash From Financing | -ETB 3.17B |
| Cash And Equivalents End | ETB 27.12B |
Financial health
—
—
24.0%
—
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
Amhara Bank
private-commercial-bank
Net profit · 2017EC
ETB 592.33M
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