While it has been a few months since the last budget year closed (July 08, 2018 – July 07, 2019 / ሐምሌ 1፡2010 – ሰኔ 30፡2011), not all banks have disclosed their financial statements. The following is Ethiopian banks’ profit before and after tax for the 2019 / 2018 fiscal year. While most of the figures below are verified profits or very close to actual financial results, it should be noted that these values might change a bit when the actual audited results are released.
Values which have ‘*’ preceding them, are estimates while the remaining are either verified or have a high probability of being close to accurate.
Rank | Bank | Gross Profit / Earning in ETB |
Net Profit / Earning in ETB |
Reference |
1. | Awash Bank | 3.3 billion | 2.4 billion | |
2. | Dashen Bank | 1.3 billion | 1.02 billion | |
3. | Abyssinia Bank | 1.02 billion | 777 million | |
4. | Oromia International Bank | 1 billion | 745.8 million | |
5. | Hibret / United Bank | 979.9 million | 752.3 million | |
6. | Nib International Bank | 928 million | 720.7 million | |
7. | Cooperative Bank of Oromia | 767 milllion | 657.7 million | |
8. | Wegagen Bank | 735 million | 621 million | |
9. | Lion (Anbessa) International Bank | 695.5 million | 539 million | |
10. | Abay Bank | 683 million | 501 million | |
11. | Zemen Bank | 636 million | 483 million | |
12. | Bunna Bank | 625 million | 461 million | |
13. | Berhan Bank | 580 million | 457.9 million | |
14. | Debub Global Bank | 284 million | 210 million | |
15. | Enat Bank | 231 million | 201 million | |
16. | Addis International Bank | 205 million | 159.2 million |