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Addis Bank Posts Record Growth, Eyes Paid-Up Capital Milestone

Sep 30 , 2025

Addis Bank closed the financial year ending June 30, 2025, with record results across all major indicators, setting the stage to meet the National Bank of Ethiopia’s (NBE) minimum capital requirement.

Total assets surged 53.4pc to 23.6 billion Br, while capital jumped 78.4pc to 5.6 billion Br. Paid-up capital climbed to 2.5 billion Br, up 22.7pc. The Bank attributed 62pc of its income growth to last year's policy change that liberated the foreign exchange market.

Shareholders who met today agreed to channel this year’s dividend, 1.38 billion Br, into paid-up capital, with future dividends also earmarked until the five billion Birr threshold is reached. Plans include paying dividends quarterly once the requirement is met.

“The Bank is well on track to reach the NBE’s capital requirement by 2026 and is positioned to seize opportunities in a rapidly transforming industry,” said Kassahun Bekele, board chairman, joined by CEO Hailu Alemu in praising the results.

Deposits rose 34pc year-on-year (YoY) to 14.6 billion Br, while the loan book expanded 11.7pc to 9.7 billion Br, maintaining a non-performing loan (NPL) ratio of 3.4pc. Foreign currency mobilisation reached 189 million dollars, a 30pc increase.

Profit before tax soared nearly fourfold to 2.9 billion Br, driven by revenue growth and cost discipline. Net profit after tax stood at 2.2 billion Br. Return on assets hit 11.2pc, with return on equity at a remarkable 49.9pc.

Addis Bank also rebranded during the year, dropping “International” from its name, unveiling a new logo and tagline, and rolling out a modernised identity. Its branch network grew to 167, facilitating 76.7 billion Br in digital transactions, though one outlet closed under the city’s corridor development project.

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