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annual-report
2017EC

Annual Report 2017 E.C. (2024/25)

Shabelle Bank
Disclosure summary

Shabelle Bank S.C. annual report for the 2024/25 fiscal year (year ended 30 June 2025), comprising the narrative report and the full audited financial statements with 2023/24 comparatives. The bank reports total assets of ETB 6.03 billion as at 30 June 2025 (up 60.52% year on year), total liabilities of ETB 3.77 billion, customer deposits of ETB 2.28 billion, capital and reserves of ETB 2.26 billion, gross income of ETB 570.31 million and profit before tax of ETB 26.25 million (up 32% on the previous year's ETB 19.93 million). The published date is the board-approval date: the financial statements state they "were approved by the Directors on December 21, 2025". The directors' report separately gives a date of authorisation for issue of 10 December 2025, which precedes the approval date and appears to be an error in the document; the independent auditor's report (Achamyeleh Dinku Certified Audit Firm, Chartered Certified Accountants (UK)) is dated 23 December 2025. The financial statements section of the report is a scanned image; the narrative section is digital text.

Disclosure details
Institution
Shabelle Bank
Type
annual-report
Fiscal year
2017EC
Published
Language
English
Pages
117
File size
66.8 MB
Source checked