Overview
Private commercial bank founded in 2021 with a strategic focus on mortgage banking, alongside growing commercial banking operations. Total assets reached Birr 3.64 billion as of 30 June 2025.
Revenue grew 14.5% to ETB 474.2 million, but net profit fell 18.2% to ETB 65.5 million; total assets reached ETB 3,643.1 million and the capital adequacy ratio stood at 59.1%.
SourceETB 474.17M
ETB 65.53M
ETB 3.64B
SourceETB 405.28M
Performance
Income statement
| Fiscal year | 2015EC | 2016EC | 2017EC |
|---|---|---|---|
| Total Revenue | ETB 212.59M | ETB 414.09M | ETB 474.17M |
| Interest Income | ETB 164.04M | ETB 273.27M | ETB 313.31M |
| Total Expenses | ETB 206.21M | ETB 330.68M | ETB 405.28M |
| Net Profit | ETB 5.06M | ETB 80.09M | ETB 65.53M |
| Non Interest Income | ETB 48.55M | ETB 140.82M | ETB 160.86M |
| Interest Expense | ETB 26.66M | ETB 56.65M | ETB 83.29M |
| Profit Before Tax | ETB 6.38M | ETB 83.41M | ETB 68.89M |
Balance sheet
| Fiscal year | 2015EC | 2016EC | 2017EC |
|---|---|---|---|
| Total Assets | ETB 2.63B | ETB 2.86B | ETB 3.64B |
| Total Deposits | ETB 911.8M | ETB 1.02B | ETB 1.32B |
| Total Loans | ETB 1.31B | ETB 1.54B | ETB 1.66B |
| Equity | ETB 1.55B | ETB 1.68B | ETB 1.89B |
| Fiscal year | Dividend declared | Per share (ETB) | Payout ratio |
|---|---|---|---|
| 2015EC | — | — | — |
| 2016EC | ✓ | — | — |
| 2017EC | ✓ | — | — |
Financial health
—
—
59.1%
—
Cost-to-income
—
Liquidity ratio
—
Competitors
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