Ethiopia’s banking sector posted a combined profit of 91.06 billion birr in the first half of the fiscal year.
Profits followed currency liberalisation that lifted sector earnings.
Some banks incurred foreign exchange losses due to high FX exposure.
Results varied widely by risk profile and balance sheet position.
Why it matters?
Bank profitability aggregates indicate overall sector performance mid-year 2026, while foreign exchange losses signal risk exposures tied to recent currency reforms, affecting banks’ balance sheets and financial stability.