Report

Wegagen Bank Profit Grows 12% to 4.3 Billion in 2025/26

Ethiopian Business Review2 months agoFactual

Wegagen Bank reported a profit before tax of 4.3 billion birr for the 2025/26 fiscal year, a 12 percent increase from the previous year. The bank's total assets rose 32 percent to 111.3 billion birr, deposits grew 23 percent to 81.3 billion birr, and its digital lending platform disbursed over 9 billion birr to more than 430,000 borrowers. Earnings per share declined to 34.40 percent from 46.10 percent as paid-up capital expanded 44 percent to 10.09 billion birr.

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