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Mar 9 , 2025

Lion Bank's Profit Roars, but Can It Claw Its Way to the Top?

Lion International Bank's comeback after a difficult stretch during the civil war in the northern part of the country, was remarkable, posting a net profit rise of 61pc from the previous year. Its ear...

Feb 23 , 2025

Bunna Bank's Asset Surge, Credit Jump Cloak Profit Squeeze During Inflation Strain

Bunna Bank, in its 15th year of operation, has posted noteworthy gains in deposits and total assets in the 2023/24 financial year while revealing mounting challenges in profitability, an outcome that...

Feb 16 , 2025

Enat Bank Expansion Bid Strains Profitability Due to Surging Costs

Enat Bank closed its 2023/24 financial year with considerable growth in assets, deposits, and equity, yet it found its profitability under pressure as expenses climbed and took a bite out of margins....

Feb 9 , 2025

Hibret Exhibits Growing Balance Sheet, Thinner Margins, a Precarious Credit Surge

Hibret Bank ended its 2023/24 financial year with a strong performance, reporting total assets of 96.58 billion Br, an increase of 16.95pc from the previous year. However, for analysts following the i...

Global Bank Races for Growth, But Rising Costs Cast a Long Shadow

Global Bank (Ethiopia) ended its 2023/24 fiscal year by treading a narrow line between robust expansion and caution. It displayed a balance of deposit, asset, and lending growth while wrestling with m...

Jan 25 , 2025

Nib Bank Sees Year of Reckoning

Nib International Bank's (NIB) financial results for the 2023/24 fiscal year painted a picture of a financial institution determined to steady its footing despite difficult economic conditions. In an...

Jan 19 , 2025

Coop Bank Battles Profit Slump as Digital Vision Encounters Economic Headwinds

Cooperative Bank of Oromia (Coop Bank) finished a demanding year in 2023/24, holding on to moderate profitability and widening its presence, manifestations of the Bank's strengths and recent struggles...

Jan 12 , 2025

Hijra Bank's Leap of Faith in Soaring Profits Soar as the Industry Tests Newcomers

Hijra Bank's year-end financial report for last year reveals a noteworthy leap in profitability, with a net profit climbing more than four times its previous year's record. Industry observers, aware t...

Dec 29 , 2024

Oromia Bank's Expansion Brings Big Plans, Bigger Costs, Shrinking Profits

Oromia Bank entered its 2023/24 financial year with cautious optimism but delivered a mixed performance as moderate asset growth and deposit gains were tempered by a steep decline in profitability. Th...

Dec 22 , 2024

Abay Bank's Revenue Soars, Profit Margins Feel the Squeeze in Costly Growth Push

Abay Bank has racked up noteworthy expansions in deposits, assets, and overall revenue. Yet its impressive growth trajectory contained some cautionary signals about profitability pressures in an incre...

Dec 15 , 2024

Awash Bank Flows Steady against Industry Currents

Awash Bank's latest financial performance places it squarely at the forefront of the private banking industry. Its 2023/24 results show robust gains in assets, deposits, and profitability, all achieve...

Dec 8 , 2024

Abyssinia's Forex Recovery Beams Despite Pressures on Shareholder Returns

The Bank of Abyssinia's (BoA) financial results for the fiscal year 2023/24 tell a story of growth mixed with rising costs and narrowing returns. However, a particularly notable development came from...

Nov 24 , 2024

Ahadu Bank Finds a Footing, But Policy Cloud Path to Ambition

Ahadu Bank, one of the youngest financial institutions in the market, has made a noteworthy recovery from substantial losses during its founding years, posting a net profit of 90.9 million Br in the f...

Nov 16 , 2024

Wegagen Bank Rises from the Brim as It Sails Economic Crosswinds

Wegagen Bank has staged a remarkable turnaround by nearly doubling its net profit and boosting earnings per share (EPS) in the fiscal year 2023/24. The resurgence proved the Bank's resilience after ar...

Nov 9 , 2024

Berhan Bank Makes Stunning Comeback With Soaring Profit

Berhan Bank has staged an impressive turnaround, closing the fiscal year 2023/24 with a sharp increase in profits that vindicated the effectiveness of its new management's strategic decisions. The Ban...

Nov 3 , 2024

In the Shadow of Giants, Zemen Bank Bucks the Trend

Zemen Bank, a relatively young player in the banking industry, has once again punched above its weight. A second-tier financial institution, it posted a net income of 2.5 billion Br for the 2023/2...


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Tax Push Tests How Much Pain Taxpayers Can Bear

An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting the fi...

Editorial | May 23 , 2026

Betrothal Ritual Falls Prey to the Event Economy

When Abigiya Tewodros sat for her traditional bethrothal intercession, locally known as "S...

Featured | May 17 , 2026 . By HELINA HADGU

When Bread Becomes Too Costly for Breakfast

For Helen Mekonnen, 45, bread has become the measure of how far a household income can str...

Agenda | May 23 , 2026 . By HELINA HADGU

ADDIS ABEBA Tries to Redraw Its Future Without Awakening Old Ghosts

Addis Abeba's most contested planning document is entering its final year, carrying the le...

Fortune News | May 23 , 2026 . By NAHOM AYELE