The Ethiopian Deposit Insurance Fund (EDIF) reported strong financial performance for the first nine months of the 2025/2026 fiscal year, with cumulative premium collections reaching 20.61 billion Br since its establishment three years ago. Created under Council of Ministers, the Fund serves as a safeguard for depositors, ensuring protection in the event of bank or microfinance institution failure. During the reporting period, EDIF collected 6.76 billion Br, meeting its target and marking a 31.26pc increase compared to the same period last year, driven by rising deposit volumes across the financial sector. Conventional deposits accounted for 18.72 billion Br of the cumulative total, while Sharia-compliant deposits contributed 1.89 billion Br. Private banks contributed 10.41 billion Br, followed by the Commercial Bank of Ethiopia (CBE) with 9.96 billion Br and microfinance institutions with 0.24 billion Br. To strengthen liquidity and ensure timely payouts of up to 100,000 Br per depositor, the Fund expanded its investment portfolio to 22.98 billion Br, an 89.76pc increase year-on-year. Government Treasury Bills accounted for 20.97 billion Br, while Mudarabah accounts held 2.01 billion Br, generating 1.74 billion Br in investment income during the period. EDIF, which operates under the National Bank of Ethiopia (NBE), now includes 95 member institutions comprising 31 commercial banks and 64 microfinance institutions, reinforcing its role in safeguarding financial system stability.

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