Jul 28 , 2025
Two years into its operations, the Ethiopian Deposit Insurance Fund (EDIF) has grown its asset base to 15.1B Br, reinforcing its role as a critical backstop for depositors and financial institutions alike. The Fund, established under a proclamation by the Council of Ministers, was designed to shield depositors in the event of bank or microfinance collapses. Since its inception, EDIF has focused on collecting premiums from member institutions, investing the funds, and building a system robust enough to manage payout scenarios. As of June 30, 2025, EDIF has amassed 13.85B Br in total premiums, including 1.21B Br in interest-free contributions. Its portfolio is largely invested in Treasury bills, 13.9B Br, while 1.24B Br has been channelled into Mudarabah, a Sharia-compliant profit-sharing model. These investments have generated 1.3B Br in returns, according to data released by the Fund. EDIF works with 86 financial institutions across the country. While no payout events have been triggered to date, the Fund says it has the systems in place to respond swiftly if needed. It also reported close collaboration with the National Bank of Ethiopia (NBE) and other regulators, part of its broader effort to boost public confidence and maintain stability in the financial system.
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