Ahadu Bank has officially announced its financial results for the 2025/26 fiscal year, marking a period of exceptional growth and strategic expansion. The bank reported a gross profit before provisioning and tax of ETB 1.15 billion, reflecting a remarkable 94.2% increase compared to the previous fiscal year.
This robust financial performance was underpinned by a 52% year-on-year surge in total income, which reached ETB 3.2 billion.
The bank’s operational highlights were equally impressive, with total deposits growing by 32% to ETB 10.5 billion, while its total assets expanded by 41.39% to reach ETB 14.21 billion. Demonstrating strong performance in international banking, the bank’s foreign currency generation climbed by 58%, totaling USD 126 million.
Beyond its financial performance, Ahadu Bank announced the achievement of two key strategic milestones during the fiscal year. The first is the acquisition of a modern 17-story (2B+G+15) building, which is expected to serve as a foundation for the bank’s long-term plans and sustainable growth.
Additionally, to accelerate its digital transformation and enhance the quality of customer service, the bank introduced two new digital banking applications: “Ahadu Le Kulu” and “Mahider.”
As of the end of the fiscal year on June 30, 2026, the bank has attracted over 1.34 million customers, demonstrating its growing competitiveness in the sector and the increasing trust of its customers.
Vanguard Nigeria
Capital Ethopia
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