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Oromia Bank Reports Record Profit Growth and Digital Expansion in 2024/2025

Addis Ababa, Ethiopia – December 2025 – Oromia Bank has reported an all-time high in financial performance for the 2024/2025 fiscal year, demonstrating remarkable resilience and growth despite ongoing economic challenges in Ethiopia and abroad. The announcement was made during the Bank's 16th Annual General Meeting of Shareholders held at Millennium Hall.

Robust Financial Performance Across Key Indicators

Oromia Bank achieved exceptional growth across major financial metrics:

Total Assets: 85.5 billion birr, up 26% from last year
Total Deposits: 70.3 billion birr, a 25% increase
Paid-up Capital: 6.88 billion birr, contributing to total capital of 11.6 billion birr
Total Income: 12.36 billion birr, exceeding the annual plan by 105%
Profit Before Tax: 2.6 billion birr, marking a 155% rise from 1 billion birr in 2023/24

The Bank’s disciplined cost management and strategic revenue-expense rebalancing allowed profits to grow significantly faster than expenses, strengthening its financial base and laying the groundwork for sustainable long-term value creation.

Expanding Customer Base and Digital Transformation

Oromia Bank also recorded notable expansion in its customer base and digital adoption:

Deposit Accounts: Increased by 22.1% to 6.9 million
Digital Service Users: Jumped 50% to 5.7 million
Oro Digital App Users: 4.57 million customers as of June 30, 2025

The Bank maintained high credit quality, with non-performing loans (NPLs) at 2.26%, outperforming the 3% target and positioning Oromia Bank among Ethiopia’s top banks in credit risk management.

Driving Financial Inclusion Through Innovation

Oromia Bank reinforced its commitment to financial inclusion through digital payment solutions and fintech partnerships:

Launch of digital fuel payment services
Introduction of the Milkii App for direct digital fuel transactions
Deployment of the Seamless Milkii Digital Financing Platform, an AI-powered, collateral-free lending solution targeting farmers, women, and youth

Since its launch, the Milkii platform has supported over 80,000 borrowers, disbursing more than 300 million birr, highlighting the Bank’s dedication to inclusive finance.

Major Infrastructure Projects Underway

The Bank made strong progress on flagship infrastructure projects:

35-Storey Transitional Headquarters, Goma Savings Area: Structural works completed; finishing works ongoing; operational within one year
Center of Excellence and Convention Complex, Gelan City: Phase one completed; Phase two structural works finalized; finishing underway
New Branch Buildings in Adama and Jimma: Design complete; construction to start this fiscal year
Additional land acquisitions in other major cities progressing positively

Commitment to Social Responsibility

Oromia Bank continued its tradition of social responsibility, contributing over 22 million birr toward social and economic development initiatives across the communities it serves.

Conclusion

Oromia Bank’s record-breaking performance in 2024/2025 reflects strong financial management, rapid digital adoption, innovative financial inclusion efforts, and strategic infrastructure investments. With continued focus on sustainable growth, Oromia Bank is well-positioned to maintain its leadership in Ethiopia’s banking sector.

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Oromia Bank Reports Record Profit Growth and Digital Expansion in 2024/2025

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