AWASH WITH DEPOSITS, SPARING WITH LOANS
Gure Kumssa (left), board chairperson of Awash Bank, and Tsehay Shiferaw (right), its president, presented a record gross profit of 38.3 billion Br, up 49.2pc, to shareholders on Saturday. Thousands gathered for the annual meeting at the Skylight Hotel's Grand Ballroom on Africa Avenue (Bole Road), October 31, 2026. The result, for the year ended June 30, lifted earnings per share to 858 Br from 783 Br. Deposits grew by 41pc to 469.3 billion Br, which the Bank called “the largest annual increase in the private banking industry.” Revenue climbed by 31pc to 84.06 billion Br, and assets expanded by 181.4 billion Br. Loans increased by 54.5 billion Br to more than 274.1 billion Br.