Overview
Private commercial bank founded in 2021 through the transformation of Oromia Credit and Saving Share Company (OCSSCO), a large microfinance institution. Total assets reached Birr 120.8 billion as of 30 June 2025.
Revenue grew 125.4% to ETB 12,701.7 million and net profit rose 544.8% to ETB 3,354.9 million; total assets reached ETB 120,809.3 million. Return on assets was 4.14% and return on equity 35.28%.
SourceETB 12.7B
ETB 3.35B
ETB 120.81B
SourceETB 8.94B
Performance
Income statement
| Fiscal year | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|
| Total Revenue | ETB 2.78B | ETB 3.68B | ETB 5.63B | ETB 12.7B |
| Interest Income | ETB 2.39B | ETB 3.21B | ETB 5.01B | ETB 8.3B |
| Total Expenses | ETB 2.4B | ETB 3.32B | ETB 4.96B | ETB 8.94B |
| Net Profit | ETB 371.56M | ETB 284.8M | ETB 520.29M | ETB 3.35B |
| Non Interest Income | ETB 387.47M | ETB 471.23M | ETB 620.36M | ETB 4.4B |
| Interest Expense | ETB 462.05M | ETB 810.84M | ETB 1.32B | ETB 2.07B |
| Loan Impairment Charge | ETB 659.89M | ETB 205.98M | ETB 135.08M | — |
| Operating Expenses | ETB 1.28B | ETB 2.3B | ETB 3.51B | ETB 6.88B |
| Profit Before Tax | ETB 371.56M | ETB 365.47M | ETB 676.6M | ETB 3.76B |
| Loan Impairment Reversal | — | — | — | ETB 661.74M |
Balance sheet
| Fiscal year | 2014EC | 2015EC | 2016EC | 2017EC |
|---|---|---|---|---|
| Total Assets | ETB 20.54B | ETB 34.67B | ETB 59.74B | ETB 120.81B |
| Total Deposits | ETB 10.28B | ETB 23.73B | ETB 46.81B | ETB 102.52B |
| Total Loans | ETB 16.26B | ETB 23.02B | ETB 25.82B | ETB 55.18B |
| Equity | ETB 8.09B | ETB 8.48B | ETB 8.98B | ETB 12.32B |
Financial health
35.3%
4.1%
—
—
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
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
Siket Bank
private-commercial-bank
Net profit · 2017EC
ETB 1.24B
ZamZam Bank
interest-free-bank
Net profit · 2018EC
ETB 1.07B