Banking Fiscal year ends Sene 30

Commercial Bank of Ethiopia

Provides deposits, loans, foreign exchange, and digital banking services across Ethiopia.

Unmodified (2016)

Revenue

ETB 137.4B

FY 2016

Net Profit

ETB 22.0B

Profit

Total Assets

ETB 1.4T

FY 2016

Total Equity

ETB 87.9B

Revenue & Profitability

Revenue, cost of sales, and net profit over time

Balance Sheet

Total assets, liabilities, and equity over time

Financial Summary

All figures in Ethiopian Birr (ETB).

Year Revenue Net Profit Total Assets Total Liabilities Equity Opinion
2010 ETB 42.8B ETB 5.4B ETB 573.9B ETB 526.7B ETB 47.2B Unmodified Details
2011 ETB 54.3B ETB 11.5B ETB 712.9B ETB 662.6B ETB 50.2B Unmodified Details
2012 ETB 68.6B ETB 9.5B ETB 819.3B ETB 769.5B ETB 49.8B Unmodified Details
2013 ETB 82.0B ETB 13.3B ETB 991.3B ETB 937.5B ETB 53.8B Unmodified Details
2014 ETB 118.0B ETB 16.5B ETB 1.2T ETB 1.1T ETB 71.5B Unmodified Details
2015 ETB 118.9B ETB 17.4B ETB 1.3T ETB 1.2T ETB 74.6B Unmodified Details
2016 ETB 137.4B ETB 22.0B ETB 1.4T ETB 1.3T ETB 87.9B Unmodified Details

CBE uses a banking P&L format: revenue is total operating income (interest income + non-interest income + forex gains + associate income), cost of sales is interest expense, and gross profit is net interest income. Consolidated financial statements include CBE and its subsidiary. EC filenames: 2011 EC = FY ended 30 June 2019.