Company league tables · FY2022

Ethiopian banks, microfinance institutions, insurers and enterprises, listed on ESX or not, ranked by net profit for the fiscal year ending in 2022 (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 16.5B	+24.1%	ETB 1.2T	ETB 890.9B	ETB 71.5B	23.1%
2	Awash Bank S.C. ESX*	ETB 5.3B	+57.3%	ETB 183.4B	ETB 148B	ETB 21B	25.5%
3	Development Bank of Ethiopia*	ETB 3.4B	-11.7%	ETB 127.3B	ETB 656.6M	ETB 35.4B	9.6%
4	Bank of Abyssinia S.C. ESX*	ETB 3.2B	+141.1%	ETB 149.5B	ETB 122B	ETB 14.2B	22.8%
5	Dashen Bank*	ETB 2.9B	+71%	ETB 117.1B	ETB 91.2B	ETB 14.4B	20.2%
6	Cooperative Bank of Oromia*	ETB 2.8B	+114%	ETB 114.6B	ETB 95.8B	ETB 11.3B	25.1%
7	Tsedey Bank*	ETB 1.4B	+2.7%	ETB 44.5B	ETB 24.6B	ETB 11.3B	12.5%
8	Oromia International Bank*	ETB 1.2B	+37.6%	ETB 52B	ETB 43.5B	ETB 6.8B	17.5%
9	Hibret Bank*	ETB 1.1B	+5.3%	ETB 67.4B	ETB 64.5B	ETB 7.2B	15.1%
10	Abay Bank S.C. ESX*	ETB 933.3M	+10.2%	ETB 40.7B	ETB 32.4B	ETB 5.9B	15.9%
11	Wegagen Bank S.C. ESX*	ETB 551.4M	+335.1%	ETB 43.1B	ETB 31.8B	ETB 5.6B	9.8%
12	Berhan International Bank*	ETB 478.5M	+145.5%	ETB 29.3B	ETB 26B	ETB 4.2B	11.3%
13	Siinqee Bank*	ETB 371.6M	—	ETB 20.5B	ETB 10.3B	ETB 8.1B	4.6%
14	Addis International Bank*	ETB 344.9M	+27.1%	ETB 10.8B	ETB 7.7B	ETB 2.2B	15.9%
15	Enat Bank*	ETB 314.2M	+198.8%	ETB 17.2B	ETB 13.1B	ETB 2.6B	12.1%
16	Debub Global Bank*	ETB 277.2M	+42.2%	ETB 14.1B	ETB 11B	ETB 2.2B	12.7%
17	Global Bank Ethiopia*	ETB 277.2M	—	ETB 14.1B	ETB 11B	ETB 2.2B	12.7%
18	Lion International Bank*	ETB 268.8M	-19.6%	—	—	—	—
19	Amhara Bank*	ETB 197.1M	—	ETB 7.1B	—	ETB 5B	3.9%
20	Sidama Bank S.C. ESX*	ETB 83.2M	—	ETB 609.9M	ETB 165M	—	—
21	Goh Betoch Bank*	ETB 7.9M	—	ETB 1.2B	ETB 256.6M	ETB 787.5M	1%
22	Gadaa Bank S.C. ESX*	ETB 4.9M	—	ETB 660.2M	—	—	—
23	Zemen Bank*	ETB 45.5	-100%	ETB 33.3B	ETB 26.9B	—	—
24	Tsehay Bank*	ETB -6.4M	—	ETB 810.2M	—	ETB 727.6M	-0.9%
25	Ahadu Bank*	ETB -19.7M	-316.6%	ETB 633M	—	ETB 508.4M	-3.9%
26	ZamZam Bank*	ETB -146.4M	+613.7%	ETB 3.2B	ETB 1.6B	ETB 1.2B	-12%

Microfinance institutions

#	Company	Net profit	Profit growth	Total assets	Deposits	Equity	Return on equity
1	Sidama Microfinance Institution*	ETB 83.2M	+87.9%	ETB 609.9M	ETB 165M	ETB 293.4M	28.3%

Insurers

#	Company	Net profit	Profit growth	Total assets	Revenue	Equity	Return on equity
1	Ethiopian Insurance Corporation*	ETB 1B	—	ETB 14.6B	—	ETB 2.8B	37.6%

State enterprises and other companies

#	Company	Net profit	Profit growth	Total assets	Revenue	Equity	Return on equity
1	Ethiopian Airlines*	ETB 47.5B	+139.2%	ETB 577.3B	ETB 253.1B	ETB 228.7B	20.8%
2	Ethio Telecom S.C. ESX*	ETB 9B	+61.2%	ETB 189B	—	ETB 101.6B	8.9%
3	ETHIOPIAN PETROLEUM SUPPLY ENTERPRISE*	ETB 382.8M	-37.9%	ETB 219.9B	ETB 216.2B	ETB 3.9B	9.8%
4	NATIONAL LOTTERY ADMINISTRATION*	ETB 331.3M	+9.5%	ETB 601.2M	—	ETB 2.6M	12,661.7%
5	Ethiopian Agricultural Business Corporation*	ETB 299.9M	+228.6%	ETB 12.8B	ETB 4.8B	ETB 2.1B	14.4%
6	National Alcohol and Liquor Factory*	ETB 211.6M	+26.1%	ETB 1.2B	ETB 905.6M	ETB 336.5M	62.9%
7	Ethiopian Construction Design & Supervision Works Corporation*	ETB 184.4M	+8.1%	—	ETB 1.2B	ETB 1.3B	13.9%
8	BERHANENA SELAM PRINTING ENTERPRISE*	ETB 176.4M	+44.7%	ETB 1.5B	—	ETB 1.2B	14.3%
9	ETHIOPIAN POSTAL SERVICE ENTERPRISE*	ETB 135.8M	+112.9%	ETB 1.8B	ETB 870.1M	ETB 636.9M	21.3%
10	ETHIOPIAN TOURIST TRADING ENTERPRISE*	ETB 122.3M	+44.8%	ETB 998M	—	ETB 249.2M	49.1%
11	CHEMICAL INDUSTRY CORPORATION*	ETB 85.7M	—	ETB 15.9B	ETB 2.6B	—	—
12	Development and Hotel Company*	ETB 36.2M	+93.4%	ETB 1.5B	—	ETB 718.9M	5%
13	Catering and Tourism Training Institute (Guenet)*	ETB 3.3M	+18.8%	—	ETB 23.4M	—	—
14	GUENET HOTEL*	ETB 3.3M	—	ETB 1.5B	—	ETB 1.5B	0.2%
15	ETHIOPIAN PULP & PAPER SHARE COMPANY*	ETB -2.7M	-1,835.8%	ETB 488.3M	ETB 139M	ETB 247.2M	-1.1%
16	ETHIOPIAN ELECTRIC POWER*	ETB -30.1B	+32.1%	ETB 652.7B	—	ETB 328B	-9.2%

* 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.