Hibret Bank
www.hibretbank.com.et/Founded: 1998
Headquarters: Addis Ababa, Ethiopia
Regulator: National Bank of Ethiopia (NBE)
Ownership: Private commercial bank (share company)
Branches: 488+ (reported)
Financial Highlights
Profit (Pre-tax): 3.08 billion ETB (reported)
Profit (After tax): 2.3 billion ETB (reported)
Total Assets: 96.58 billion ETB (reported)
Total Deposits: 74.65 billion ETB (reported)
Revenue: 13.23 billion ETB (reported)
Total Equity: 12.65 billion ETB (reported)
As of: 2024 (public summary)
About Hibret
Hibret Bank is a long-established private commercial bank known for broad retail coverage and partnerships with large national institutions in public narratives. It offers retail, SME, and corporate services including deposit accounts, payments, card/ATM access, and business banking products. Public summaries cite a large branch footprint and ongoing modernization through digital channels.
Business Segments
Services
Retail
- Deposit accounts
- Transfers
- ATM/debit services
SME
- Business accounts
- Collections
- Working capital (policy-dependent)
Corporate
- Payroll
- Corporate accounts
- Cash management (where offered)
International
- International transfers
- Trade services (where offered)
Digital Channels
Key Milestones
- • Established among early private banks
- • Expanded large branch footprint and public institutional partnerships
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