---
title: "Bank of Abyssinia Reports ETB 15.85B Gross Profit"
description: "Bank of Abyssinia says fiscal 2025/26 gross profit rose 56.91% to ETB 15.85B. Total assets hit ETB 381.50B at its AGM."
canonical_url: "https://liners.com/news/bank-of-abyssinia-2025-26-gross-profit-assets"
markdown_url: "https://liners.com/news/bank-of-abyssinia-2025-26-gross-profit-assets.md"
type: "article"
language: "en"
published_at: "2026-10-11T10:22:02.543Z"
updated_at: "2026-10-11T10:22:04.587Z"
---

# Bank of Abyssinia Reports ETB 15.85B Gross Profit

Bank of Abyssinia says fiscal 2025/26 gross profit rose 56.91% to ETB 15.85B. Total assets hit ETB 381.50B at its AGM.

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## In Short
- Bank of Abyssinia reported ETB 15.85 billion in gross profit for fiscal 2025/26, up 56.91% year over year.
- Total income rose to ETB 55.24 billion, an increase of ETB 16.17 billion from the prior year.
- Total assets reached ETB 381.50 billion, up 33.28% year over year.
- The bank said 82% of its total transactions were processed through digital channels.
- Shareholders elected 12 board members for the next three years and approved a decision to increase subscribed capital.

## What Happened
At its October 10 shareholders’ meeting, [Bank of Abyssinia](/bank-of-abyssinia) presented its performance for the 2025/26 fiscal year.

The bank said it generated ETB 55.24 billion in total income. That was a year-on-year increase of ETB 16.17 billion.

It also reported ETB 15.85 billion in gross profit, up 56.91% compared to the previous year. Gross profit is a basic profitability measure before some costs and taxes, and banks often discuss it alongside net profit to show operating performance.

On the balance sheet side, the bank said total assets grew to ETB 381.50 billion. That represents a year-on-year increase of ETB 95.27 billion, or 33.28%.

The bank also reported foreign currency earnings of USD 966.64 million for the year. It said this was 45.79% higher than the prior year.

Operationally, Bank of Abyssinia said it served customers through 981 branches and more than 10,500 employees. It added that 82% of transactions were completed via digital banking channels, meaning customers used apps, cards, USSD, and other electronic methods rather than in-branch processing.

## Why It Matters
Ethiopian banks are under pressure to grow deposits, improve foreign currency generation, and move more activity to digital channels. A higher share of digital transactions usually means lower cost per transaction and faster service for customers.

The subscribed capital increase approved at the meeting signals continued focus on strengthening the bank’s capital base. For banks, stronger capital can support larger loan books, absorb losses, and meet regulatory requirements as the financial sector expands.

## Sources and products

- [Bank of Abyssinia](https://www.bankofabyssinia.com/30th-annual-17th-extraordinary-shareholders-meeting)
- [Bank of Abyssinia](/bank-of-abyssinia)

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