Awash Bank reported total assets exceeding Birr 624 billion for the 2025/26 fiscal year, marking continued growth as the bank expanded its operations to more than 1,010 branches and over 20,658 employees.

The figures were disclosed by Gure Kumsa, Chairperson of the Board of Directors, during the opening remarks of the bank’s 31st Ordinary and 19th Extraordinary General Meeting of Shareholders held at the Skylight Hotel.

According to the report, the bank recorded total revenue of Birr 84.6 billion and gross profit of Birr 38.3 billion. Its total capital exceeded Birr 90 billion, while deposits reached Birr 469.3 billion. Loans and advances also surpassed Birr 274.1 billion.

The bank further reported foreign currency earnings of more than USD 2.6 billion and income tax payments amounting to Birr 15.77 billion. It also allocated over Birr 500 million to corporate social responsibility initiatives.

Awash Bank’s international recognition includes being named Best Bank in Ethiopia by Global Finance magazine for five consecutive years. It also received the WSBI-ESBG Sustainable Development Goals (SDGs) Award for the second time.

Established with five branches and 137 employees, Awash Bank has expanded significantly over its 32-year operating history, becoming one of Ethiopia’s largest private commercial banks.

The bank attributed its performance to customer confidence, employee commitment, and the leadership and oversight of its board and executive management.