Ethiopian Banks Climb in Africa’s 2025 Top 100 Rankings
Ethiopian banks have improved their positions in the 2025 Africa Business Top 100 African Banks Report, showing steady progress in the country’s financial sector.
- Six Ethiopian banks are included in this year’s list, up from five in 2024 and only two in 2022.
- The Commercial Bank of Ethiopia (CBE) remains the highest ranked Ethiopian bank, placed 29th.
- The Development Bank of Ethiopia (DBE) rose slightly to 43rd from 44th.
- Awash International Bank recorded the most notable improvement, moving up 18 places to 50th, with Tier 1 capital of USD 507 million.
- Dashen Bank advanced from 87th to 71st, and Bank of Abyssinia from 89th to 72nd.
- The Cooperative Bank of Oromia entered the list for the first time at 93rd.
Author's summary: Ethiopian banks are rising in Africa's rankings.
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