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News - Financial

Hibret Bank Reports Birr 5.46bn Profit as Deposits Reach Birr 124bn

Oct 26, 2026
Hibret Bank Reports Birr 5.46bn Profit as Deposits Reach Birr 124bn

Key Takeaways

  • Birr 5.46 billion pre-tax profit was reported for the year ended June 30, 2026.
  • Hibret Bank’s board attributed the recovery to revenue expansion, operational efficiency and cost administration.
  • Birr 124 billion in deposits represented 33.8% annual growth.
  • Birr 99.49 billion in loans included interest-free financing, up 25.43%.
  • USD 433.3 million in foreign-exchange generation increased by USD 133.24 million.
  • Shareholders were urged to pay outstanding share commitments to meet capital requirements and support asset growth.
  • Headquarters expansion has permits secured, designs under review and excavation underway.

Market Impact

The recovery combines earnings growth with a larger deposit base and expanded lending. Foreign-exchange generation also increased.

The board links additional paid-up capital to risk-based regulatory requirements and balance-sheet expansion. Shareholder contributions remain a stated funding priority.

Key Numbers

  • Birr 5.46bn — pre-tax profit — earnings recovery.
  • Birr 124bn — deposits — funding base.
  • USD 433.3m — foreign-exchange generation — international banking activity.

Business Signal

Hibret’s expansion is accompanied by a call for shareholders to strengthen paid-up capital.