Siket Bank Increases Total Assets by 51% to 29 Billion Birr
Siket Bank held its annual management meeting today, August 8, 2026, to review its performance during the 2025/26 fiscal year and discuss its strategic priorities for the 2026/27 fiscal year.
During the concluded fiscal year, the Bank achieved significant growth across key financial indicators. Its total capital increased to 10.4 billion Birr, while paid-up capital reached 7.9 billion Birr. The Bank also mobilized 14.7 billion Birr in deposits. As a result, Siket Bank generated 4.1 billion Birr in total revenue and recorded a Growth profit of more than 1.54 billion Birr. Its total assets grew by 51%, reaching 29 billion Birr by the end of the fiscal year.
Speaking at the annual meeting, Siket Bank CEO Mr. Damtew Alemayehu said the Bank successfully concluded the fiscal year and he noted that strategic plans have been developed with a focus on strengthening the Bank’s competitiveness, expanding digital banking services, and enhancing the range and quality of services available to customers.
Finally, the recognition award presented to high-performing districts, branches, and employees for their achievements during the fiscal year.
Siket Bank the basis of your success!
©2026 Siket Bank - All right reserved
