Awash Bank Posts Record 22 Billion Birr Pre-Tax Profit for 2024/25

As reported by Addis Insight

Summary

• Awash Bank reported pre-tax profit exceeding 22 billion birr for the 2024/25 fiscal year, a 113% increase from the prior year. Total income surged 77% year-on-year to 64 billion birr. Total deposits grew to 332 billion birr by June 2025, and total capital rose 37% to surpass 37 billion birr.
• Digital banking drove significant growth. Digital money transfers reached one trillion birr, representing 76% of all transactions. The bank's Awash for All digital lending service provided collateral-free loans to over 301,000 clients, disbursing $493 million. Total loans extended to various sectors reached 219 billion birr, a 20% increase.
• Awash Bank remains the most profitable private bank in Ethiopia. Its strong capital position and growing digital infrastructure position it well for the ESX listing pipeline.
• For BirrValue users, Awash's profitability and growing FX capacity make it a competitive option for remittances and conversions. Compare Awash rates against CBE, Dashen, and Abyssinia on [BirrValue](/banks) before sending or converting.