As the largest lender, the state-owned CBE continued to command nearly half of the banking industry’s assets and deposits. Even as its market share fell slightly compared to previous years, the Bank’s total assets and deposits still accounted for 47.9pc and 47.1pc of the industry, respectively, while its capital comprised 24.2pc of the industry’s aggregate.
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Wegagen Bank has staged a remarkable turnaround by nearly doubling its net profit and boosting earnings per share (EPS) in the fis...
Experience the full story in our exclusive digital edition. Addis Fortune Finance – Volume 2 takes you inside the defining moments of Ethiopia’s banking year. From record-breaking profits to emerging risks, this issue offers in-depth analysis, data-driven insights, and expert commentary.