Most banks in Ethiopia are releasing their annual report for 2022 / 2021 G.C (2014 E.C) budget year which ended on June 30, 2022 G.C (ሰኔ 2014). We have compiled this report and estimated the figures of remaining banks by carefully analyzing previous year’s performance and current year’s quarterly or half-year reports. The following table will be adjusted whenever new and verified information is available.
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Newly formed banks which are providing regular and interest free banking services as well as saving and credit associations which were providing micro finance services that grew into a bank will release their financial report for the first time as a bank. Other banks which started their operations in the current fiscal year will release their financial report next year after June 2023 (ሰኔ 2015). Newly formed banks are Amhara Bank, Ahadu Bank, Tsehay Bank, Goh Betoch Bank, ZamZam Bank, Gadaa Bank and Hijira Bank while micro finance institutions that grew into a bank include Tsedey Bank, Siinqee Bank, Shabelle Bank, Omo Bank and Sidama Bank.
- [f/መ] – Final audited report by the bank / የመጨረሻ ባንኩ እራሱ ወይም ሌላ የዜና ተቋም ረፖርት ያደረገው
- [r/ሪ] – Unaudited draft report by the bank / በሶስተኛ ወገን ምርመራ ያልተረጋገጠ ባንኩ እራሱ ወይም ሌላ የዜና ተቋም ረፖርት ያደረገው
- [e/ግ] – Estimation by our team / ግምት
- [1st/፩ኛ] – First year of operation / ስራ ከጀመረ የመጀመርያው ሪፖርት
- [b/ተ] – Before other deductables / ከሌሎች ተቀናሾች በፊት
|Rank / ደረጃ||Bank / ባንክ||Gross Profit / ያልተጣራ ትርፍ||Profit After Tax (Net Profit / Earning) in Ethiopian Birr / የተጣራ ከግብር ቦኃላ ትርፍ በኢትዮጵያ ብር||Reference / ማስታወሻ|
|1||Commercial Bank of Ethiopia (CBE)||27.5 bln [r,b]|
|2||Awash Bank||7.45 bln [f]||5.34 bln [f]|
|3||Abyssinia Bank||4.6 bln [f]||3.2 bln [f]|
|4||Dashen Bank||3.8 bln [f]||2.9 bln [f]|
|5||Cooperative Bank of Oromia||2.84 bln [f]||2.04 [f]|
|6||Zemen Bank||2.01 bln [f]||1.47 bln [f]|
|7||Hibret Bank||1.88 bln [f]||1.09 bln [f]|
|8||Nib International Bank||1.76 bln [f]||1.34 bln [f]|
|9||Oromia Bank||1.52 bln [f]||1.2 [f]|
|10||Abay Bank||1.3 bln [f]||933.6 mln [f]|
|11||Bunna Bank||1.19 bln [f]||881.36 mln [f]|
|12||Berhan Bank||583.4 mln [f]||478.5 mln [f]|
|13||Wegagen Bank||572 [f]||551.34 [f]|
|14||Addis International Bank||472.8 [f]||344.9 [f]|
|15||Enat Bank||377 mln [f]||185 mln [f]|
|16||Debub Global Bank||370 mln [f]||277.1 mln [f]|
|17||Lion (Anbessa) International Bank||310.6 mln [f]||268.8 mln [f]|
|18||Goh Betoch Bank||7.9 mln [f]||7.9 mln [f]|
|19||Hijira Bank||-143 mln [f]||-143 mln [f]|
If you want to view a more detailed report with additional fields such as Capital, Assets, Income, Expense, EPS, Number of branches and other details, check out the following article-> Best Banks in Ethiopia for 2022/2021 Budget Year – Compare and Find the Top Banks in Ethiopia by Profit, EPS, Paid-up and Total Capital, Income, Expense, Total Loans and Advances, Total Deposit, Number of Branches, Employees and Account Holders
If you have any suggestion regarding the above report, send us an email on [email protected] or write a comment below this article.
Sources: Official Bank Statements