In a year marked by economic turbulence both globally and locally, Gada Bank has emerged with record-breaking results. CEO Ato Wolde Bulto announced that the bank’s total assets soared to 10.1 billion birr in the 2024/25 fiscal year, an 80% increase compared to the previous year.
Deposits followed suit, reaching 7.7 billion birr, marking a 91% jump from last year’s figures. The bank also generated a total income of 1.6 billion birr and posted a profit before interest and tax of 575 million birr, reflecting strong financial health and operational efficiency.
In pursuit of its digital transformation vision, Gada Bank launched Gada Digital, an omni-channel platform designed to match global standards and unify all digital banking services under one seamless ecosystem.
This year also marked the bank’s entry into the evolving capital market landscape. With the launch of the Ethiopian Securities Exchange, Gada Bank officially registered its shareholders’ shares with the Ethiopian Capital Market Authority, making them tradable on the new exchange.
