Banking · BaankiiSeptember 5, 2026
ETB 38.71bn

The state bank's audited accounts arrive without a stated year

Herregni sakatta'ame bara isaa osoo hin ibsin dhufe

Posted 30 Nehase 2018 E.C. · 11:00 EAT (5:00 Ethiopian time) · Published by Ensight (Mo Creatives) · Photograph Varavour · CC BY-SA 4.0

Audited figures for the Commercial Bank of Ethiopia show net profit of ETB 38.71 billion, up 75.8%, total assets of ETB 2.31 trillion, deposits of ETB 1.695 trillion and a foreign currency loss of ETB 36.71 billion. In July its management had announced profit above ETB 80 billion and deposits of ETB 2.4 trillion for the year to 30 June 2026. The report does not say which year the audit covers.

Source: The Reporter

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