Banking

Ethiopian Banking Sector News & Analysis

Comprehensive coverage of Ethiopia's banking industry, from regulatory changes to digital transformation and financial inclusion initiatives.

Latest Banking News

Sector Counts

Current counts across the financial sector.

Banks

32

Insurers

18

Microfinance Institutes

58

Capital Goods Finance / Lease Companies

6

Payment Instrument Issuers / System Operators

18

Re-insurance Companies

1

Independent Foreign Exchange Bureaus

13

Sector Statistics

Total Bank Assets

4.6 T ETB

+52.4%

YoY

Total Bank Deposits

3.5 T ETB

+41%

YoY

Total Banking Credit

3.4 T ETB

+22%

YoY

NPL Ratio

3.9%

Leading Banks

1

CBE

2.3 T ETB

2

Awash

513 B ETB

3

BOA

285 B ETB

4

Dashen

254 B ETB

5

Coopbank

196 B ETB

Digital Banking & Market Rates

Minimum Savings Rate: 7%

T-Bill Avg Yield: 15.89%

NBE Policy Rate: 15%

Banks in sector: 32

Insurers: 18

Microfinance Institutes: 58