Gadda Bank reported a pretax profit exceeding 1 billion birr for the 2025/26 fiscal year, a 113 percent increase over the previous year, the lender announced at a press briefing. The performance reflects a period of accelerated growth across the bank’s balance sheet and physical infrastructure. Financial Performance Indicators: Strategic developments during the fiscal year…
In an official ceremony held on the trading floor today, the Ethiopian Securities Exchange (ESX) formally welcomed Prime Capital S.C. as its latest trading member. This addition brings the total number of licensed trading members on the exchange to eight, marking another significant step toward the ESX’s goal of fostering a transparent, efficient, and inclusive…
The Commercial Bank of Ethiopia (CBE) has cemented its position as the bedrock of the nation’s financial system, reporting a record-breaking annual profit of over 80 billion birr for the 2025/26 fiscal year. The results, announced on July 1, highlight the state lender’s continued dominance even as Ethiopia’s banking sector undergoes rapid competitive expansion. A…
Awash Bank has officially reported its 2026 fiscal year earnings, showcasing a record-breaking period of growth for Ethiopia’s private banking sector. With total assets reaching 622 billion birr and a deposit surge of 41%, the bank continues to cement its role as a key pillar of the Ethiopian economy. Key highlights from the fiscal year:…
The Ethiopian Capital Market Authority (ECMA) has officially approved the registration of 5,000,000 existing shares held by shareholders of Addis Bank S.C., the regulator confirmed on June 29, 2026. This move marks a significant step in the ongoing formalization of Ethiopia’s financial sector under the recently enacted Public Offer and Trading of Securities Directive No….
The Ethiopian Capital Market Authority (ECMA) has launched its 2026 Summer Camp, a two-week immersive program designed to integrate university students and young professionals into the nation’s burgeoning financial sector, the regulator announced on Monday. The initiative marks a strategic effort by the authority to cultivate a pipeline of skilled human capital as the country…
Ethiopia has reached a preliminary deal with bondholders to restructure the defaulted $1 billion international bond. The Ministry of Finance on Monday announced the deal detailing proposed terms that Ethiopia will issue an $880 million restructured bond to be repaid in installments, with the final maturity set for July 2029 and an interest rate of…
The Ethiopian Securities Exchange (ESX) has officially announced the listing of Abay Bank S.C. on its Main Market, marking a significant step in the evolution of Ethiopia’s young but fast-developing capital market. The listing strengthens confidence in Ethiopia’s securities market and signals growing participation from private-sector institutions seeking long-term capital, greater visibility, and stronger corporate…
Source: https://birrmetrics.com/ Bunna Bank S.C. has completed the securities registration process with the Ethiopian Capital Market Authority (ECMA), positioning the lender to join Ethiopia’s expanding equity market as more companies enter the formal securities trading system. ECMA said it approved Bunna Bank’s Registration Statement on June 23, 2026, registering 61,895,598 existing shares held by shareholders…
Source: https://birrmetrics.com/ The Development Bank of Ethiopia (DBE) plans to issue green and Sharia-compliant Sukuk bonds next year as part of a broader effort to diversify its funding base and reduce reliance on traditional sources of capital, the bank’s president said during a parliamentary review of its nine-month performance. Appearing before the Standing Committee on…