Dashen Bank reported a profit of ETB 6.6 billion for 2023/24

Dashen Bank reported a profit of ETB 6.6 billion for 2023/24.
This figure reflects significant growth and positions the bank strongly among Ethiopia’s private lenders. 

Pre-tax profit increased by about 32% year-on-year.
Profit rose from ETB 5.0 billion the previous year, indicating improved operational performance. 

Growth driven by digital banking investment.
Expansion of mobile and internet banking boosted customer reach and service efficiency. 

Branch network expanded nationwide.
A wider physical presence helped the bank access new markets and increase its customer base. 

Focus on financial stability and CSR.
Strong balance sheet, risk management, and community development efforts enhanced the bank’s reputation.