“Explore the banks of Ethiopia, with in-depth details on their history, branch networks, services, SWIFT codes, and financial performance, providing a comprehensive overview of the country’s banking industry.”
Banks in Ethiopia: A Comprehensive Guide
Nib International Bank
Established in 1999, Nib International Bank has grown to serve customers through 98 branches nationwide.
Products: Personal banking, corporate banking, international banking, digital banking.
Contacts:
- Website: Nib International Bank
- SWIFT Code: NIBIETTA
- Gross Profit: ETB 1420.80 million
- Net Profit: Not specified
Abay Bank
Founded in 2010, Abay Bank operates 159 branches, offering a range of banking services.
Products: Retail banking, business banking, loans, and savings.
Contacts:
- Website: Abay Bank
- SWIFT Code: ABAYETAA
- Gross Profit: ETB 190.00 million
- Net Profit: Not specified
Addis International Bank
Since 2011, Addis International Bank has provided financial services through its 64 branches.
Products: Personal banking, business banking, loans, and financial planning.
Contacts:
- Website: Addis International Bank
- SWIFT Code: ABSCETAA
- Gross Profit: ETB 205.16 million
- Net Profit: ETB 159.30 million
Awash International Bank
A leading bank since 1994 with 430 branches, Awash International Bank is a major player in Ethiopia’s financial sector.
Products: Comprehensive banking services, including corporate and investment banking.
Contacts:
- Website: Awash Bank
- SWIFT Code: AWINETAA
- Gross Profit: ETB 1,381.00 million
- Net Profit: Not specified
Bank of Abyssinia
Operating since 1996 with 233 branches, Bank of Abyssinia offers a variety of financial services.
Products: Personal and commercial banking, digital banking, and financial advisory.
Contacts:
- Website: Bank of Abyssinia
- SWIFT Code: ABYSETAA
- Gross Profit: ETB 534.00 million
- Net Profit: Not specified
Berhan International Bank
Since 2010, Berhan International Bank has operated 46 branches, focusing on personalized banking services.
Products: Retail and corporate banking, loans, and deposits.
Contacts:
- Website: Berhan Bank
- SWIFT Code: BERHETAA
- Gross Profit: ETB 131.00 million
- Net Profit: Not specified
Bunna International Bank
Established in 2009, Bunna International Bank has expanded to 205 branches, offering diverse financial services.
Products: Banking solutions for individuals and businesses, including lending and investment.
Contacts:
- Website: Bunna Bank
- SWIFT Code: BUNAETAA
- Gross Profit: ETB 625.00 million
- Net Profit: ETB 461.00 million
Commercial Bank of Ethiopia (State Bank)
As the state bank established in 1963, it has the largest network with 1444 branches.
Products: A full range of banking services including savings, loans, and digital banking.
Contacts:
- Website: Commercial Bank of Ethiopia
- SWIFT Code: CBETETAA
- Gross Profit: ETB 17,900.00 million
- Net Profit: Not specified
Cooperative Bank of Oromia
Founded in 2005, it has 467 branches and focuses on cooperative financial services.
Products: Cooperative banking, microfinance, and community-based financial solutions.
Contacts:
- Website: Cooperative Bank of Oromia
- SWIFT Code: CBORETAA
- Gross Profit: ETB 1.7 billion
- Net Profit: Not specified
Dashen Bank
Dashen Bank, established in 1995, has 438 branches and is known for its innovative banking solutions.
Products: Retail, business, and international banking, alongside digital services.
Contacts:
- Website: Dashen Bank
- SWIFT Code: DASHETAA
- Gross Profit: ETB 1.8 billion
- Net Profit: ETB 1.5 billion
Debub Global Bank
Since 2012, Debub Global Bank has grown to 123 branches, focusing on inclusive financial services.
Products: Personal banking, corporate finance, and SME banking.
Contacts:
- Website: Debub Global Bank
- SWIFT Code: DEGAETAA
- Gross Profit: ETB 19.00 million
- Net Profit: Not specified
Enat Bank
Launched in 2013, Enat Bank operates 184 branches, emphasizing women’s financial empowerment.
Products: Gender-inclusive banking, SME financing, and personal banking services.
Contacts:
- Website: Enat Bank
- SWIFT Code: ENATETAA
- Gross Profit: ETB 724.00 million
- Net Profit: Not specified
This overview provides a snapshot of the diverse and dynamic banking sector in Ethiopia, highlighting the major players and their contributions to the nation’s financial landscape. Each bank offers unique services tailored to the needs of their customers, contributing to Ethiopia’s economic growth and financial inclusivity.