Buna Bank S.A. has reported its strongest financial performance to date, posting a record profit and surpassing key regulatory requirements during the 2024/25 financial year.
At its 16th Ordinary and 7th Extraordinary Annual General Meeting held on November 13, 2025, Board Chairman Mulugeta Asmare told shareholders that the bank earned a profit before tax of 2.63 billion birr, up 182.5% from 930 million birr a year earlier.
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Earnings per share rose sharply to 398.65 birr, a 146.7% increase from the previous year.
Early Achievement of Capital Requirement
The bank also met the National Bank of Ethiopia’s minimum paid-up capital requirement of 5 billion birr a year ahead of deadline, reaching 5.054 billion birr.
Mulugeta said the achievement reflects Buna Bank’s “strong work culture and long-term strategic vision,” adding that the strengthened capital base will support future innovation and expansion.
Strong Growth Across Key Indicators
Buna Bank’s total assets rose 20.3% to 65.58 billion birr, while total deposits increased 16.7% to 51.2 billion birr. Savings accounted for 65% of deposits, which the bank said highlights the stability of its funding base.
Total income climbed 46.2% to 11.74 billion birr. The bank also generated 195.2 million USD in foreign exchange earnings, up 16.5% from last year.
The loan portfolio expanded 9.8% to 42.69 billion birr, and the non-performing loan (NPL) ratio stood at 4.09%, below the central bank’s 5% threshold.
Digital Banking Momentum
Buna Bank continued to push its digital banking agenda. Mobile banking transactions reached 40.4 billion birr, and its new digital lending service disbursed 2.64 billion birr by June 30.
Commitment to Social Responsibility
The bank contributed 20.3 million birr to various national causes as part of its corporate social responsibility efforts.
Buna Bank aims to become one of Ethiopia’s top three financial institutions by 2030. Priorities for the coming year include completing organizational restructuring, expanding digital services and credit access, and finalizing the construction of its new headquarters.
Mulugeta thanked shareholders, employees, and the National Bank of Ethiopia, saying the bank’s performance reflects “strong collaboration between all stakeholders.”
Buna Bank operates 454 branches nationwide and serves over 14,000 shareholders with nearly 4,000 employees.
