Press Release: Oromia Bank Unveils All-time Record Profit Upswing, Rising Earnings Per Share
Oromia BankTwo-page English press release issued by Oromia Bank S.C. at its 16th Annual General Meeting of Shareholders, held at the Millennium Hall, reporting FY2024/25 results. Figures as stated by the Bank: total assets exceeded 85.5 billion birr, a 26% increase on the previous fiscal year; total deposits grew 25% to 70.3 billion birr from 56.4 billion birr; paid-up capital rose 6% to 6.88 billion birr, bringing total capital to 11.6 billion birr; total income hit 12.36 billion birr, surpassing the annual plan by 105%; total expenses stood at 9.79 billion birr; and profit before tax reached 2.6 billion birr, a 155% increase from the previous year's 1 billion birr. Deposit accounts increased 22.1% to 6.9 million and digital-service customers rose 50% to 5.7 million, with the Oro Digital App used by more than 4.57 million customers as of 30 June 2025; non-performing loans stood at 2.26% against a 3.00% target. The Bank states the Milkii digital financing platform has supported over 80,000 borrowers with more than 300 million birr disbursed, and that it provided more than 22 million birr in social-responsibility support during the reporting year. The Bank does not disclose profit after tax in this release. Published on the Bank's website as a two-image gallery (JPEGs), converted to a two-page PDF here; the website publication date is used as no other date is printed.
- Institution
- Oromia Bank
- Type
- press-release
- Fiscal year
- 2017EC
- Published
- Language
- English
- Pages
- 2
- File size
- 330 KB
- Source checked