Awash Bank has reported strong financial and operational performance for the 2025/26 fiscal year, with total deposits reaching Birr 467.8 billion, reflecting continued growth in customer outreach and savings mobilization efforts.
Speaking on the bank’s annual performance, Chief Executive Officer Tsehay Shiferaw said Awash Bank delivered robust results during the fiscal year, attracting more than 17 million customers and significantly expanding access to banking services across the country.
According to the CEO, the bank’s total deposits increased by 41 percent, or Birr 135 billion, compared to the previous fiscal year. He noted that this represents the largest annual deposit growth recorded in Awash Bank’s history.
The bank also registered strong performance in foreign exchange generation. Benefiting from the government’s foreign exchange reforms as well as internal operational and policy improvements, Awash Bank’s foreign currency earnings rose substantially during the year.
Foreign exchange earnings from various sources increased by USD 635 million compared to the previous year, reaching USD 2.65 billion by the end of the 2025/26 fiscal year.
As part of its efforts to promote financial inclusion and meet the financing needs of individuals and small businesses, the bank disbursed more than Birr 2.6 billion in digital loans during the year, benefiting over one million customers.
Awash Bank’s total assets grew to Birr 622 billion, while its paid-up capital reached Birr 38.5 billion, representing an increase of Birr 10.6 billion during the fiscal year.
The CEO noted that the bank’s paid-up capital is more than seven times higher than the Birr 5 billion minimum capital requirement set by the National Bank of Ethiopia for private banks, strengthening the institution’s capacity to withstand financial and operational risks.
The bank reported total income exceeding Birr 85.37 billion and recorded an unadjusted profit of Birr 40.7 billion for the fiscal year.
In addition to its financial achievements, Awash Bank continued its corporate social responsibility initiatives, allocating approximately Birr 500 million during the year to support various social sectors and community development programs across the country.
Source: Fana BC
