Overview
Private commercial bank founded in 2012, formerly known as Debub Global Bank before rebranding to Global Bank Ethiopia in December 2022. Total assets reached Birr 34.4 billion as of 30 June 2025.
Revenue grew 35.4% to ETB 5,554.6 million and net profit rose 55.6% to ETB 756.6 million; total assets reached ETB 34,427.8 million.
SourceETB 5.55B
ETB 756.63M
ETB 34.43B
SourceETB 4.56B
Performance
Income statement
| Fiscal year | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|
| Total Revenue | ETB 1.72B | ETB 2.12B | ETB 3.01B | ETB 4.1B | ETB 5.55B |
| Interest Income | ETB 1.1B | ETB 1.72B | ETB 2.28B | ETB 3.11B | ETB 4.27B |
| Total Expenses | ETB 1.45B | ETB 1.75B | ETB 2.31B | ETB 3.34B | ETB 4.56B |
| Net Profit | ETB 194.91M | ETB 277.16M | ETB 523.06M | ETB 486.42M | ETB 756.63M |
| Non Interest Income | ETB 615.78M | ETB 399.84M | ETB 729.77M | ETB 987.25M | ETB 1.28B |
| Interest Expense | ETB 521.4M | ETB 813.32M | ETB 1.14B | ETB 1.63B | ETB 2.64B |
| Profit Before Tax | ETB 262.32M | ETB 370.33M | ETB 696.15M | ETB 757.53M | ETB 998.68M |
Balance sheet
| Fiscal year | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|
| Total Assets | ETB 11.63B | ETB 14.09B | ETB 18.85B | ETB 24.19B | ETB 34.43B |
| Total Deposits | ETB 8.7B | ETB 10.99B | ETB 14.25B | ETB 18.22B | ETB 25.75B |
| Total Loans | ETB 8.29B | ETB 9.35B | ETB 13.66B | ETB 15.71B | ETB 20.15B |
| Equity | ETB 1.76B | ETB 2.19B | ETB 2.95B | ETB 3.57B | ETB 6.6B |
Financial health
—
—
17.0%
—
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
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
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