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Jun 14 , 2026 . By NAHOM AYELE

Global Bank Grows, So Does the Price of Its Ambition

Global Bank Ethiopia entered the last financial year as a mid-tier lender in an industry being reshaped by heavier capital rules, heightened competition for deposits and an increasingly explicit regulatory push toward stronger balance sheets. It ended the year bigger, better capitalised and more...

Jun 7 , 2026

THE LONG QUEUE TO LEGITIMACY

Before sunrise in Addis Abeba's Lemi Kura District, charcoal braziers glowed beside Polling Sub-Station 120, their thin blue smoke drifting over a traditional coffee ceremony and a line of voters already stiff with cold. Wegayehu, a gatekeeper at an unfinished concrete house nearby, had taken his place by 4:00am. He was seventh in line. He would not cast his ballot until 7:15am. The scene was intimate, ordinary, yet it carried the burden of a national test that would stretch from the capital's crowded neighbourhoods to constituencies silenced by insecurity and stations left waiting for e...


May 31 , 2026 . By BEZAWIT HULUAGER

Tsehay Bank’s Expansion Leaves Profits in the Shade

Tsehay Bank closed its last financial year with the profile of a young lender that had learned to grow but not yet to make growth pay. Its operating income exceeded one billion Birr, up by 33.7pc. The Bank ended the year with a wider loss, weaker equity and a cost structure that strained against its income. The gap was becoming visible, as its assets reached 8.38 billion Br by June 2025, up by 35.6pc from a year earlier. Cash and cash equivalents nearly doubled to 1.98 billion Br, while debt and equity securities were 1.53 billion Br. Net loans and interest-free banking (IFB) financing reac...


May 17 , 2026 . By BEZAWIT HULUAGER

Dashen Bank Grows Bigger, Safer, But Not as Profitable

Dashen Bank entered the foreign-exchange reform year with a defensive proposition. It grew large enough to protect its market position, preserve liquidity, and push more customers out of costly branches and into digital channels. By June 2025, that proposition had worked in scale, but less convincingly in earnings. Using net profit, operating income, average assets and average equity, Dashen Bank's return on equity of about 22pc came from a 28.5pc margin, 9.46pc asset turnover and 8.32 times equity multiplier. Its reported return on assets was 2.7pc. Costs and foreign-exchange losses absorb...

News analysis

May 9 , 2026

Siinqee Bank Turns Microfinance Roots into Banking Momentum

Siinqee Bank's performance in its latest year reads like the arrival notice of a four-year-old commercial bank. Born from microfinance and transformed into commercial banking in April 2022, it ende...

May 3 , 2026

Siket Bank’s Costly Coming of Age Leaves its Under Pressure

Siket Bank ended the last financial year larger, carrying the costs of becoming a commercial bank. It crossed from microfinance in June 2025, a formal shift that changed its balance sheet and income s...

Apr 26 , 2026

Amhara Bank Survives Rough Waves Yet to Outrun Risks

Amhara Bank's accounts for the last year tell a recovery story edged with warning. The Bank closed the 2024/25 financial year larger, better capitalised and back in profit after a concerning opening q...

Apr 19 , 2026

Shabelle Bank Expands Fast While Staying Small

Shabelle Bank spent the past year doing what many young banks try to do first. It tried to grow bigger and faster. Its executives called the year one of “consolidation and transformation,” and...

Apr 10 , 2026

Gadaa Bank’s Sprint to Scale Leaves the Real Test Still to Come

Gadaa Bank's latest year was impressive, but not yet the performance of a fully scaled earnings machine. It was the performance of a fast-growing, well-capitalised, highly liquid bank that built the b...

Apr 5 , 2026

At Enat Bank, Fast Growth Meets a Harder Reckoning

Yifru Tesfaye watched a small team move a heavy flow of money through Enat Bank's branch near Piassa, where 10 employees serve around 50 customers a day and have already exceeded their deposit target...

Mar 21 , 2026

Bunna Bank Finds Its Way Back to Growth, With Strains Close Behind

Set against Bunna Bank's five-year history, the last financial year looked less like a routine reporting period and more like a turning point for a lender that had come through a difficult year. It wa...

Mar 14 , 2026

Oromia Bank Sees Growth by Holding Back

Oromia Bank ended the last financial year looking less like a financial institution chasing scale and more like one restoring banking discipline. Yet the numbers tell a more measured story. It was...

Mar 7 , 2026

ZamZam Bank Turns a Corner But Toughest Test Lies Ahead

ZamZam Bank's last financial year looked less like another episode of rapid balance-sheet expansion than a referendum on whether the country's first fully fledged Sharia-compliant bank can turn a pion...

Feb 21 , 2026

Hit by Forex Reform Shock, Strategic Reset Under Way at Hibret Bank

Hibret Bank's last financial year is a paradox of scale without reward. By conventional measures of banking growth, the year looked strong. The balance sheet expanded, revenues expanded, and customer...

Feb 15 , 2026

Awash Bank Wins Big in New Era's Tough Money

Awash Bank likes to cast itself as the jewel of the domestic private banking industry. On the numbers it filed for the 2024/25 financial year, that claim reads less like marketing and more like a test...

Feb 8 , 2026

Sidama Bank Chases Growth from Promise to Precarity

Sidama Bank has evolved beyond its microfinance legacy at an impressive rate, posting results that demonstrate a canny management team and a forgiving expansion phase in the increasingly competitive b...

Jan 31 , 2026

Hijira Bank Flushes With Cash in a Market Starved of Credit

Hijra Bank closed the last financial year with numbers that would flatter any young lender, with profits multiplied, deposits surged, and capital buffers thickened. However, beneath the headline gr...

Jan 24 , 2026

Ahadu Bank Profits Signal Resilience But Capital Falls Short

Ahadu Bank closed its most recent financial year not by pursuing breakneck growth, but by focusing on the fundamentals of survival. While its strong earnings, healthy deposit inflows, and solid asset...

Jan 10 , 2026

Coop Bank Rides Liquidity Wave as Deposit Growth Outpaces Competitors

For the Cooperative Bank of Oromia (Coop Bank), the 2024/25 financial year was defined less by distress than by imbalance. The Bank emerged with one of the strongest liquidity positions in the private...

Jan 4 , 2026

Abay Bank Surges on Currency Gains, Rapid Growth

Abay Bank marked its 15th year in the banking industry with what analysts characterised as a breakout performance, setting new records in profitability, liquidity, and shareholder returns. This not...


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Logistics Reform Should Deliver More Than Market Entry by Foreign Capital

The recent policy decision to fully open freight forwarding to foreign capital may become...

Editorial | Jun 13 , 2026

Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

THE PRICE OF MISTRUSTING THE TAP

Bottled water, once a symbol of convenience and safety for most residents, has become a sm...

Agenda | Jun 14 , 2026 . By HELINA HADGU

Parliament Receives Biggest Budget Bill, Debt Already First in Line

Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the l...

Fortune News | Jun 14 , 2026 . By NAHOM AYELE