Ethiopia

Ethiopia's banking system consists of 31 commercial banks and one development bank, operating 13,120 commercial bank branches at June 2025. The state-owned Commercial Bank of Ethiopia (CBE) is the only bank classed as large and the sole systemically important institution, holding 49.1% of commercial banking assets, 51.7% of loans and bonds and 48.1% of deposits. Five medium-sized banks hold 29.1% of assets and 25 small banks 21.8%. Twenty-three banks offer interest-free banking, four as full-fledged institutions and 19 through windows.