Company league tables · FY2020

Ethiopian banks, microfinance institutions, insurers and enterprises, listed on ESX or not, ranked by net profit for the fiscal year ending in 2020 (most end 30 June or 7 July). Return on equity is net profit over year-end equity; growth compares with the year before.

FY2026 · FY2025 · FY2024 · FY2023 · FY2022 · FY2021 · FY2020 · FY2019 · FY2018 · FY2017 · FY2016 · FY2015 · FY2014 · FY2013 · FY2012 · FY2011 · FY2010

Banks

#	Company	Net profit	Profit growth	Total assets	Deposits	Equity	Return on equity
1	Commercial Bank of Ethiopia*	ETB 9.5B	-17%	ETB 819.3B	ETB 593B	ETB 49.8B	19.1%
2	Awash Bank S.C. ESX*	ETB 2.6B	+6.5%	ETB 89.3B	ETB 70.6B	ETB 12B	21.6%
3	Development Bank of Ethiopia*	ETB 1.8B	-208.5%	ETB 91.5B	ETB 218.9M	ETB 20.5B	8.9%
4	Cooperative Bank of Oromia*	ETB 1.2B	+79.8%	ETB 52.5B	ETB 44.9B	ETB 5.1B	23.1%
5	Tsedey Bank*	ETB 1.2B	—	ETB 33.5B	ETB 18.2B	ETB 8.1B	14.3%
6	Hibret Bank*	ETB 893.5M	—	ETB 43B	ETB 30.7B	ETB 5.4B	16.7%
7	Oromia International Bank*	ETB 860.5M	+15.4%	ETB 33.8B	ETB 23.8B	ETB 4.6B	18.7%
8	Bank of Abyssinia S.C. ESX*	ETB 853.6M	+9.9%	ETB 56.9B	ETB 47.6B	ETB 5.7B	15%
9	Wegagen Bank S.C. ESX*	ETB 831.9M	+34%	ETB 38.2B	ETB 29.3B	ETB 5.1B	16.3%
10	Zemen Bank*	ETB 739.1M	+52.8%	ETB 18.5B	ETB 14.4B	ETB 3.1B	23.7%
11	Lion International Bank*	ETB 643.1M	+19.3%	ETB 31.8B	ETB 26.1B	ETB 3.5B	18.5%
12	Berhan International Bank*	ETB 553.2M	+20.8%	ETB 3.4B	ETB 2.5B	ETB 973.1M	56.8%
13	Abay Bank S.C. ESX*	ETB 501.2M	-0.1%	ETB 20.2B	ETB 16.1B	ETB 3.1B	16.2%
14	Bunna International Bank*	ETB 440.3M	-4.6%	ETB 18.9B	ETB 13.4B	ETB 3.1B	14.3%
15	Debub Global Bank*	ETB 292.4M	+38.8%	ETB 7.8B	ETB 5.3B	ETB 1.4B	20.7%
16	Addis International Bank*	ETB 213.1M	+33.8%	ETB 5.9B	ETB 4.6B	ETB 1.1B	20%
17	Enat Bank*	ETB 105.2M	-47.8%	ETB 10.5B	ETB 8.4B	ETB 1.8B	5.8%

Microfinance institutions

#	Company	Net profit	Profit growth	Total assets	Deposits	Equity	Return on equity
1	Amhara Credit and Saving Institution (ACSI)*	ETB 1.2B	—	ETB 23.1B	ETB 22B	ETB 8.1B	14.3%

State enterprises and other companies

#	Company	Net profit	Profit growth	Total assets	Revenue	Equity	Return on equity
1	Ethio Telecom S.C. ESX*	ETB 9.5B	+49.2%	ETB 78.9B	—	ETB 11.5B	82%
2	Ethiopian Airlines*	ETB 7.2B	+6%	ETB 370B	ETB 120.1B	ETB 119.9B	6%
3	ETHIOPIAN PETROLEUM SUPPLY ENTERPRISE*	ETB 272.1M	+23.5%	ETB 54.9B	ETB 87.4B	ETB 3.9B	7%
4	National Alcohol and Liquor Factory*	ETB 269M	+26.2%	ETB 1.1B	—	ETB 331.7M	81.1%
5	Ethiopian Agricultural Business Corporation*	ETB 99.6M	+82.2%	ETB 7.5B	ETB 2.8B	ETB 2.5B	3.9%
6	BERHANENA SELAM PRINTING ENTERPRISE*	ETB 99.1M	-31.1%	—	ETB 430M	—	—
7	Ethiopian Construction Design & Supervision Works Corporation*	ETB 39M	-79.7%	ETB 1.4B	—	ETB 998.6M	3.9%
8	ETHIOPIAN PULP & PAPER SHARE COMPANY*	ETB -1.7M	—	—	—	ETB 248.2M	-0.7%
9	ETHIOPIAN POSTAL SERVICE ENTERPRISE*	ETB -37.9M	—	ETB 2B	ETB 436.2M	ETB 422.3M	-9%
10	ETHIOPIAN ELECTRIC POWER*	ETB -29.7B	+8.7%	ETB 580B	—	ETB 182.3B	-16.3%

* Figures were extracted from the companies' annual reports in an earlier project and have not been checked one by one against them. Each kind of company reports different line items, so compare banks with banks and enterprises with enterprises; definitions can also differ between years (for example company-only or group accounts). Years are the fiscal years the reports cover, which mostly end in June or early July. Figures without a * are checked against their annual reports and listing documents, linked on each company's page. ESX marks companies listed on the exchange. A company missing from a year has no figures for it here. A ranking is not a judgement of value.