The Commercial Bank of Ethiopia reported a profit of Birr 80 billion during the 2025/26 fiscal year, following strong growth in deposits, lending, and foreign exchange earnings.

Commercial Bank of Ethiopia President Abe Sano said the bank provided Birr 648 billion in loans across various sectors during the fiscal year.

The bank’s total deposits reached Birr 2.4 trillion, while its annual profit stood at Birr 80 billion.

Abe also stated that the bank earned USD 2.1 billion from exports during the fiscal year, bringing its total foreign exchange earnings over the past two years to USD 5.6 billion.

Looking ahead, the bank plans to mobilize Birr 832 billion in deposits in the coming fiscal year and increase its income to Birr 360 billion.

According to the president, the bank has also made a major shift in its lending portfolio. Six years ago, around 90 percent of its loans were directed to government institutions. In the 2025/26 fiscal year, however, 90 percent of the bank’s loans, amounting to Birr 588 billion, were provided to the private sector.

The bank also collected Birr 546 billion in loan repayments during the year, representing a 91 percent increase compared to the previous fiscal year.

Source: Fana BC