Company league tables · FY2024

Ethiopian banks, microfinance institutions, insurers and enterprises, listed on ESX or not, ranked by net profit for the fiscal year ending in 2024 (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 22B	+26.3%	ETB 1.4T	ETB 1.2T	ETB 87.9B	25%
2	Awash Bank S.C. ESX	ETB 8.7B	—	ETB 282.4B	ETB 225.8B	ETB 37.9B	22.9%
3	Development Bank of Ethiopia*	ETB 5.3B	-7.7%	ETB 182.1B	ETB 630.7M	ETB 39.8B	13.3%
4	Bank of Abyssinia S.C. ESX	ETB 4.2B	—	ETB 222.3B	ETB 192.5B	ETB 23.2B	18.3%
5	Hibret Bank*	ETB 2.3B	+0.2%	ETB 96.6B	ETB 65.7B	ETB 12.6B	18.2%
6	Wegagen Bank S.C. ESX	ETB 1.6B	—	ETB 65.7B	ETB 52.1B	ETB 9.2B	17.4%
7	Abay Bank S.C. ESX	ETB 1.5B	—	ETB 66.4B	ETB 52.6B	ETB 9.3B	16.1%
8	Berhan International Bank*	ETB 1.2B	+133.6%	ETB 46B	ETB 36.9B	ETB 6.2B	19.1%
9	Cooperative Bank of Oromia*	ETB 1.1B	-66.5%	ETB 139.7B	ETB 117.2B	ETB 14B	8.1%
10	Bunna International Bank*	ETB 1.1B	+37.5%	ETB 54.5B	ETB 39B	ETB 3.9B	27.8%
11	Oromia International Bank*	ETB 840.9M	-46.8%	ETB 68.1B	ETB 56.4B	ETB 9.6B	8.8%
12	Lion International Bank*	ETB 788.2M	+61%	ETB 43B	ETB 35.6B	ETB 5.1B	15.5%
13	Enat Bank*	ETB 555.2M	+2.1%	ETB 27.2B	ETB 20.8B	ETB 4.2B	13.2%
14	Siinqee Bank*	ETB 520.3M	+82.7%	—	—	ETB 9B	5.8%
15	Global Bank Ethiopia*	ETB 486.4M	-7%	ETB 24.2B	ETB 18.2B	ETB 3.6B	13.6%
16	Addis International Bank*	ETB 413.9M	+85.2%	ETB 15.4B	ETB 10.9B	ETB 3.2B	13.1%
17	ZamZam Bank*	ETB 147.7M	+511.8%	ETB 9.4B	ETB 6.9B	ETB 2B	7.3%
18	Ahadu Bank*	ETB 90.9M	-146.9%	ETB 6.4B	ETB 4.7B	ETB 993.5M	9.1%
19	Gadaa Bank S.C. ESX	ETB 90.2M	—	ETB 5.6B	ETB 3.8B	ETB 1.2B	7.5%
20	Sidama Bank S.C. ESX	ETB 27.1M	—	ETB 2.6B	ETB 1.2B	ETB 1.1B	2.5%
21	Shabelle Bank*	ETB 12.6M	-36.2%	ETB 3.9B	ETB 1.3B	ETB 797.7M	1.6%
22	Tsehay Bank*	ETB -106.9M	-68%	ETB 6.2B	ETB 4.3B	ETB 1.1B	-9.4%

Insurers

#	Company	Net profit	Profit growth	Total assets	Revenue	Equity	Return on equity
1	Ethiopian Insurance Corporation*	ETB 1.3B	+16.3%	ETB 17.8B	ETB 7.8B	ETB 3.8B	35.4%

State enterprises and other companies

#	Company	Net profit	Profit growth	Total assets	Revenue	Equity	Return on equity
1	Ethio Telecom S.C. ESX	ETB 19B	—	ETB 214.2B	ETB 91.4B	—	—
2	CHEMICAL INDUSTRY CORPORATION*	ETB 1B	+212.1%	ETB 17.6B	ETB 5.6B	—	—
3	ETHIOPIAN PETROLEUM SUPPLY ENTERPRISE*	ETB 994.1M	+319.8%	ETB 190.4B	—	ETB 3.9B	25.5%
4	Ethiopian Engineering Corporation*	ETB 598.6M	+203.3%	ETB 5.7B	—	ETB 1.6B	37.6%
5	BERHANENA SELAM PRINTING ENTERPRISE*	ETB 372.2M	+48.6%	ETB 2.2B	—	ETB 1.4B	25.7%
6	National Alcohol and Liquor Factory*	ETB 268M	+182.6%	ETB 1.8B	—	—	—
7	Development and Hotel Company*	ETB 138.8M	+40.5%	ETB 1.7B	—	ETB 722.5M	19.2%
8	Catering and Tourism Training Institute (Guenet)*	ETB 4.4M	-299%	ETB 1.5B	—	ETB 1.4B	0.3%
9	ETHIOPIAN PULP & PAPER SHARE COMPANY*	ETB -503.4K	-91.7%	ETB 503.4M	—	ETB 333.3M	-0.2%
10	ETHIOPIAN ELECTRIC POWER*	ETB -10.1B	-59.1%	ETB 709.7B	—	ETB 562.5B	-1.8%

* 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.