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Ethiopian Banks Classification by Yisehak Teka Nibere (YTN)[1]
?? Based on Years of Establishment per NBE Website Source Accessed Yesterday:
No.
Bank Names
Abbreviation of Names[2]
Establishment Date[3]
Banks Classification by Establishment Date[4]
Classification Abbreviation[5]
Remark
1.?????????????????? ?
Development Bank of Ethiopia
DBE
07/09/1909
Very Very Large
VVL
2.?????????????????? ?
Commercial Bank of Ethiopia
CBE
03/081942
Very Very Large
VVL
3.?????????????????? ?
Awash Bank Awash International Bank/
AIB
01/11/1994
Very Large
VL
?
4.?????????????????? ?
Dashen Bank
DB
01/09/1995
Very Large
VL
5.?????????????????? ?
Bank of Abyssinia
BOA
01/02/1996
Large
L
6.?????????????????? ?
Wegagen Bank
WB
02/06/1997
Large
L
7.?????????????????? ?
Hibret Bank/United Bank/
HB
01/01/1998
Large
L
8.?????????????????? ?
Nib International Bank
NIB
03/05/1999
Large
L
9.?????????????????? ?
Cooperative Bank of Oromia
CBO
01/10/2004
High Medium
HM
10.?????????????? ?
Lion International Bank
LIB
02/010/2006
High Medium
HM
11.?????????????? ?
Oromia Bank/Oromia International Bank/
OIB
01/09/2008
High Medium
HM
12.?????????????? ?
Zemen Bank
ZB
01/10/2008
High Medium
HM
13.?????????????? ?
Bunna Bank
BuB
01/06/2009
High Medium
HM
14.?????????????? ?
Brehan Bank
BrB
02/06/2009
High Medium
HM
15.?????????????? ?
Abay Bank
AbB
01/07/2010
High Medium
HM
16.?????????????? ?
Addis International Bank
AdIB
02/05/2011
Low Medium
LM
17.?????????????? ?
领英推荐
Entat Bank
EB
01/07/2011
Low Medium
LM
18.?????????????? ?
Global Bank of Ethiopia/Debub Global Bank/
GBE/DGB
02/04/2012
Low Medium
LM
19.?????????????? ?
Zamzam Bank
ZmB
01/09/2020
Small
S
20.?????????????? ?
Shabble Bank
ShB
01/06/2021
Medium
M
21.?????????????? ?
Goh Betochi Bank
GBB
01/06/2021
Small
S
22.?????????????? ?
Hijjira Bank
HjB
01/09/2021
Small
S
23.?????????????? ?
Ahaud Bank
Ahd
01/10/2021
Small
S
24.?????????????? ?
Siinqii Bank
SqB[6]
04/10/2021
Medium
M
25.?????????????? ?
Tsede Bank
TsdB[7]
03/01/2022
Medium
M
26.?????????????? ?
Tshehay Bank
TshB
01/02/2022
Small
S
27.?????????????? ?
Amhara Bank
AmB
02/02/2022
Small
S
28.?????????????? ?
Gaddaa Bank
GdB
0/04/2022
Small
S
29.?????????????? ?
Omo Bank
OmB[8]
01/07/2022
Medium
M
30.?????????????? ?
Siddam Bank
SdB[9]
04/07/2022
Medium
M
31.?????????????? ?
Rammis Bank
RmB
03/10/2022
Small
S
32.?????????????? ?
Siket Bank
SkB[10]
07/12/2023
Medium
M
v? [1] Principal Finance, Bank and Management Trainer and Consultant, By Education: BA in Management from AAU, Ethiopia, and MDP in Finance and Macroeconomic Policy from KDIS, South Korea (Republic of Korea).By Experience: Central Banker for about eight years and commercial banker for about seven years, Trainer, and Consultant for about two years as organizer and provider of the service.
[2] By their establishment name and rebranded name is not included for all for the sake of avoiding duplication of abbreviation
[3] NBE Website as accessed on 18/04/2024
[4] Establishment date is more appropriate to classify banks in Ethiopia because the industry is protected for domestic investors and the industry so far showed upward trend in profit, total assets, total loan, total deposit and total capital. Hence, any bank open the door early than the one late open has advantages on aforementioned major performance indicators, especial on deposits, loans and profits.
[5] This classification is relatively among Ethiopian Banks and not compared to any country by any standard.
[6] This Institution converted from microfinance to Bank. They have large in number in terms of customers but low in amount of transactions per transaction case and accumulated saving and loans granted.
[7] Ibid 2
[8] Ibid 2
[9] Ibid 2
[10] Ibid 2
Director of Strategy and Change at Cooperatve Bank
6 个月This is not reality and data based classification. It is also very different from the classification made by NBE recently.
BA-Accounting, BA-Economics, MSC, MBA
7 个月Guys, i appreciate your thoughts and insightful ideas. Since, the publication of the financial stability report by NBE, i saw a lot of narrations focusing on classification of the banking industry i.e., the base. But, both writers don't articulate "why we need classification". What is the rationality, the burden for the central bank if it uses multiple criteria or baskets. What is more, they didn't support their view by expriance of other countries. Personally, i like brainstorming, but better to be supported by logic and evidence.
Project Manager-OVID Betoch Bank S.C.
7 个月Dear,thanks for the footnotes
Project Manager-OVID Betoch Bank S.C.
7 个月Dear Yishak thanks for sharing ,In my opinion you can further clarify the parameters to give us a good understanding and add some figures to support your statement.
Senior Research and Strategy officer at Awash Bank
7 个月Dear Yisehak, With great apology, I fail to get the rational and the importance of using the year of establishment as a benchmark to classify banks. Figures in the banking industry reveal facts against your idea of classifying banks by year of establishment. A performance difference between CBO and NIB can be seen as a good example. Besides, the case of Zemen Bank and Lion can also be a reference. I think the financial variables are more important than year of establishment.