
Awash Bank S.C. contributed 15.77 billion birr in taxes during the 2025/26 fiscal year, becoming the only domestically owned private company to rank among Ethiopia's top ten largest taxpayers.
Awash Bank S.C. has emerged as the leading domestic private taxpayer in Ethiopia, contributing 15.77 billion birr to the government during the 2025/26 fiscal year. This performance earned the bank the seventh position on the Ministry of Revenue's list of the nation's top ten taxpayers, a ranking otherwise dominated by state-owned enterprises and foreign-invested firms.
Data from the Ministry of Revenue’s Large Taxpayers Branch Office indicates that the top ten entities collectively contributed 254.44 billion birr, accounting for nearly half of the branch's total annual revenue of 522.67 billion birr. Awash Bank’s individual contribution represented approximately 3.02 percent of that total revenue.
The scale of Awash Bank's fiscal contribution highlights a significant concentration within the private sector. While the Large Taxpayers Branch Office oversees 532 private companies, this group collectively generated 104.60 billion birr in tax revenue. Awash Bank alone accounted for roughly 15 percent of that combined private sector contribution.
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The following table outlines the top ten contributors for the 2025/26 fiscal year as reported by the Ministry of Revenue:
| Company/Institution | Contribution (Billion ETB) |
|---|---|
| Ethio Telecom | 65.84 |
| Commercial Bank of Ethiopia | 36.87 |
| Ethiopian Airlines Group | 30.87 |
| Heineken Breweries S.C. | 26.10 |
| Ethiopian Shipping and Logistics | 22.20 |
| Ethiopian Electric Power | 18.31 |
| Awash Bank S.C. | 15.77 |
| Ethiopian Electric Utility | 13.58 |
| BGI Ethiopia PLC | 12.59 |
| Ethiopian Roads Administration | 12.33 |
For context, Awash Bank's tax payment has shown consistent growth, having exceeded 10 billion birr in the 2024/25 fiscal year. As the Ethiopian financial sector continues its liberalization agenda, the bank remains the largest taxpayer among private financial institutions, followed by notable contributions from the Bank of Abyssinia S.C. and Zemen Bank. Investors and analysts can explore further bank sector data to understand the competitive landscape of the industry.
Aksion.ET data confirms the scale of these institutions; for the 2025 fiscal year, Awash Bank reported total assets of 442.60 billion birr and a net profit of 18.71 billion birr, maintaining its position as one of the largest private banking entities in the country. For more insights into the performance of financial firms, users can utilize our financial institution compare tool.
Source: Ethiopian Business Review
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