Awash Bank's Assets Exceed 624 Billion Birr

Awash Bank reported that its total assets grew by 41 percent to reach 624 billion Birr by the end of the 2025/26 fiscal year. During its general shareholders' meeting, the bank announced a net profit of 38.3 billion Birr, marking a 49 percent year-on-year increase and a record for private banking in Ethiopia. Deposits also rose to 469.3 billion Birr, while paid-up capital climbed to 38.5 billion Birr, comfortably exceeding the National Bank of Ethiopia's 5 billion Birr requirement. The bank paid 15.77 billion Birr in taxes, highlighting its status as a major taxpayer. Additionally, the bank was recognized as the Best Bank in Ethiopia by Global Finance magazine for the fifth consecutive time.