
A resilient institution with a strong recovery trajectory and solid fundamentals.
Wegagen Bank was incorporated in 1997 and has built a solid reputation based on its strong capital base and early adoption of core banking systems. The bank continues to be a resilient player in the market, focusing on operational excellence, enhanced digital service delivery, and comprehensive support for international trade finance.
| Metric | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Total Assets | ETB 43.1B | ETB 53.5B | ETB 65.7B | ETB 84.7B |
| Customer Deposits | ETB 31.8B | ETB 39.9B | ETB 48.4B | ETB 61.7B |
| Profit After Tax | ETB 0.6B | ETB 0.8B | ETB 1.6B | ETB 2.8B |
| Paid-up Capital | ETB 3.4B | ETB 4B | ETB 5.1B | ETB 7B |
| Total Equity | ETB 5.6B | ETB 6.9B | ETB 9.2B | ETB 12.8B |
| Total Income | ETB 5B | ETB 7B | ETB 9.8B | ETB 13.4B |
| Loans & Advances | ETB 28.9B | ETB 38.3B | ETB 43.3B | ETB 51.3B |
Explore interactive trend charts, ROE/ROA ratios, industry rankings, and peer comparisons on our Data Intelligence hub.
View Detailed Financials & Peer Analytics| Founded | 1996 |
|---|---|
| Total Assets | 84.7 Billion ETB (FY2025) |
| Customer Deposits | 61.7 Billion ETB (FY2025) |
| Paid-up Capital | 7 Billion ETB (FY2025) |
| Profit After Tax | 2.8 Billion ETB (FY2025) |
| Branch Network | 455+ branches across Ethiopia |
| EPS / Return % | 46.1% year-on-year return |