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. | Dashen Bank | 1.3 billion | ||
3. | Abyssinia Bank | 1.02 billion | 777 million | |
4. | Oromia International Bank | 1 billion | 752.3 million | |
5. | Hibret / United Bank | 979.9 million | ||
6. | Nib International Bank | 928 million | 720.7 million | |
7. | Cooperative Bank of Oromia | *800 – 900 million | ||
8. | Wegagen Bank | 850 million | ||
9. | Abay Bank | 779 million | ||
10. | Lion (Anbessa) International Bank | 695.5 million | ||
11. | Zemen Bank | *600 – 650 million | ||
12. | Bunna Bank | 625 million | 461 million | |
13. | Berhan Bank | 580 million | ||
14. | Enat Bank | 231 million | 201 million | |
15. | Debub Global Bank | 292 million | ||
16. | Addis International Bank | 205 million | 159.2 million |