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Zemen Bank Expands Financial and Training Support for Women-Led SMEs

Capital Ethiopia · 4 hours ago · Read the Full Story on Capital Ethiopia
Zemen Bank Expands Financial and Training Support for Women-Led SMEs
AI SUMMARY

Zemen Bank is launching new financial products and training programs to support women-led small and medium enterprises, alongside reporting strong financial results for the 2025/26 fiscal year.

  • Zemen Bank is developing new banking products specifically targeting women-owned and women-led small and medium-sized enterprises.
  • The bank has started providing training on financial management, business planning, and enterprise growth ahead of its planned financial support rollout.
  • Zemen Bank plans to support 150 women-led SMEs during the 2026/27 budget year.
  • For the fiscal year ended June 30, 2026, the bank reported a 31.9 percent increase in total assets to 116.5 billion birr.
  • Net profit rose by 15 percent to reach 6.75 billion birr during the reporting period.
  • Zemen Bank's total credit portfolio increased by 24.6 percent to 51.7 billion birr despite tight monetary conditions and a 24 percent credit growth ceiling imposed by the National Bank of Ethiopia.
  • The non-performing loan ratio stood at 2.48 percent, remaining below the regulatory ceiling of 5 percent and the bank's internal threshold of 4 percent.
  • Operating income increased to 14.24 billion birr, with net interest income contributing 6.57 billion birr and service charges and commissions generating 5.04 billion birr.
  • Earnings per share reached 539 birr, while return on average equity and return on average assets stood at 37.8 percent and 6.6 percent respectively.
  • Paid-up capital increased by 52 percent to 14.29 billion birr, and total capital rose by 40.8 percent to 25.9 billion birr.
  • The capital adequacy ratio reached 40 percent, well above the regulatory minimum of 8 percent.
  • Total deposits increased by 32 percent to 85 billion birr, supported by the removal of the mandatory 7 percent minimum deposit interest rate.
Read the Full Story on Capital Ethiopia
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