Overview
Private commercial bank founded in 1999. Total assets stood at Birr 66.2 billion as of 30 June 2025; the bank posted a net loss of Birr 2.98 billion in 2024/25, driven by foreign-exchange revaluation losses. Back-years to 2020/21 follow.
Revenue grew 2.4% to ETB 11,046.0 million, but a ETB 4,413.1 million loss on foreign-exchange revaluations and transactions drove a net loss of ETB 2,977.9 million; total assets stood at ETB 66,159.4 million.
SourceETB 11.05B
-ETB 2.98B
ETB 66.16B
SourceETB 13.94B
Performance
Income statement
| Fiscal year | 2008EC | 2009EC | 2010EC | 2011EC | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | ETB 1.43B | ETB 1.9B | ETB 2.48B | ETB 3.34B | ETB 4.55B | ETB 5.82B | ETB 7B | ETB 8.92B | ETB 10.78B | ETB 11.05B |
| Interest Income | ETB 1.14B | ETB 1.45B | ETB 2.07B | ETB 2.86B | ETB 3.9B | ETB 5.23B | ETB 6.13B | ETB 7.98B | ETB 9.65B | ETB 9.17B |
| Total Expenses | ETB 972.28M | ETB 1.25B | ETB 1.83B | ETB 2.41B | ETB 3.24B | ETB 4.19B | ETB 5.24B | ETB 6.96B | ETB 9.61B | ETB 13.94B |
| Net Profit | ETB 356.68M | ETB 493.74M | ETB 514.85M | ETB 720.75M | ETB 1.04B | ETB 1.22B | ETB 1.34B | ETB 1.51B | ETB 957.02M | -ETB 2.98B |
| Non Interest Income | ETB 289.98M | ETB 442.47M | ETB 407.97M | ETB 481.14M | ETB 645.25M | ETB 590.58M | ETB 864.03M | ETB 942.63M | ETB 1.13B | ETB 1.88B |
| Interest Expense | ETB 392.31M | ETB 530.76M | ETB 875.71M | ETB 1.22B | ETB 1.72B | ETB 2.01B | ETB 2.5B | ETB 3.25B | ETB 4.44B | ETB 4.82B |
| Profit Before Tax | ETB 458.75M | ETB 644.78M | ETB 658.75M | ETB 928.44M | ETB 1.31B | ETB 1.62B | ETB 1.76B | ETB 1.97B | ETB 1.2B | -ETB 2.87B |
| Share Of Associate Profit | — | — | — | — | — | ETB 593K | ETB 8.76M | ETB 12.58M | ETB 27.08M | ETB 19.23M |
| Fx Revaluation Loss | — | — | — | — | — | — | — | — | — | ETB 4.41B |
Balance sheet
| Fiscal year | 2008EC | 2009EC | 2010EC | 2011EC | 2012EC | 2013EC | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ETB 15.83B | ETB 21.11B | ETB 26.69B | ETB 33.72B | ETB 42.46B | ETB 54.2B | ETB 61.49B | ETB 77.02B | ETB 67.04B | ETB 66.16B |
| Total Deposits | ETB 12.42B | ETB 16.56B | ETB 21.62B | ETB 27.66B | ETB 33.65B | ETB 43.54B | ETB 49.76B | ETB 59.36B | ETB 45.06B | ETB 51.34B |
| Total Loans | ETB 7.51B | ETB 10.67B | ETB 13.5B | ETB 19.25B | ETB 25.57B | ETB 34.22B | ETB 38.94B | ETB 53.27B | ETB 48.47B | ETB 44.07B |
| Equity | ETB 2.52B | ETB 2.97B | ETB 3.38B | ETB 4.41B | ETB 5.79B | ETB 7.01B | ETB 8.12B | ETB 9.97B | ETB 10.37B | ETB 7.47B |
Financial health
—
—
16.5%
—
Cost-to-income
—
Liquidity ratio
—
Competitors
Peer institutions in the same sector, latest fiscal year.
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Net profit · 2017EC
ETB 38.71B
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Net profit · 2018EC
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Net profit · 2018EC
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Net profit · 2017EC
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Net profit · 2018EC
ETB 1.35B
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Net profit · 2018EC
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Net profit · 2018EC
ETB 11.54B
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Net profit · 2018EC
ETB 6.75B
Bunna Bank
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Net profit · 2018EC
ETB 2.42B
Cooperative Bank of Oromia
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Net profit · 2018EC
ETB 6.14B
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Net profit · 2018EC
ETB 2.84B
Lion Bank (Anbessa)
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Net profit · 2017EC
ETB 1.43B
Abay Bank
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Net profit · 2018EC
ETB 4.55B
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Net profit · 2017EC
ETB 2.1B
Ahadu Bank
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Net profit · 2017EC
ETB 399.39M
Tsehay Bank
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Net profit · 2017EC
-ETB 271.4M
Sidama Bank
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Net profit · 2017EC
ETB 72.31M
Amhara Bank
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Net profit · 2017EC
ETB 592.33M
Development Bank of Ethiopia
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Net profit · 2017EC
-ETB 6.84B
Gadaa Bank S.C.
private-commercial-bank
Net profit · 2018EC
ETB 759.23M
Goh Betoch Bank
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Net profit · 2017EC
ETB 65.53M
Hibret Bank
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Net profit · 2018EC
ETB 4.02B
Hijra Bank
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Net profit · 2017EC
ETB 488.68M
Shabelle Bank
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Net profit · 2017EC
ETB 20.95M
Siinqee Bank
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Net profit · 2017EC
ETB 3.35B
Siket Bank
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Net profit · 2017EC
ETB 1.24B
ZamZam Bank
interest-free-bank
Net profit · 2018EC
ETB 1.07B