Thursday, October 15, 2026

EDIF reports massive half-year revenue of 1.23 billion birr


The Ethiopian Deposit Insurance Fund (EDIF) has reported strong financial performance for the first half of the 2025/26 fiscal year, generating 1.23 billion birr in revenue. This brings the Fund’s total accumulated revenue since its inception to 2.56 billion birr.
The half-year revenue was largely driven by returns on investments in treasury bills and Mudarabah savings, a profit-sharing instrument used in interest-free banking. EDIF’s total investment portfolio has experienced significant growth, increasing by 128 percent in just six months to reach 19.8 billion birr. Most of this investment, 18 billion birr, is in treasury bills, with 1.7 billion birr allocated to Mudarabah arrangements.
The Fund also surpassed its target for premium collections from member financial institutions. In the six months ending December 2025, it collected over 3.7 billion birr in premiums, a 31 percent year-on-year increase. Cumulative premium income has now reached nearly 18 billion birr.
Of the total premiums, 16.2 billion birr came from conventional banking, while 1.6 billion birr was sourced from interest-free banking operations. A breakdown by institution reveals that private banks contributed 8.97 billion birr, with the state-owned Commercial Bank of Ethiopia alone accounting for 8.6 billion birr of the total premium income.
Established in 2023 to protect depositors and promote stability in the financial system, EDIF’s latest figures highlight its rapidly growing financial base and investment activity, according to experts.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

UN allocates $8.5 million emergency fund for northern Ethiopia amid escalating conflict

The United Nations has allocated an additional $8.5 million...

UAE-backed Beginnings fund pledges $90 million to improve maternal care in Ethiopia

The Beginnings Fund, a philanthropic initiative backed by the...

MoF allocates 73.23 billion birr to one-year T-Bills

Ministry of Finance (MoF) plans to issue 73.23 billion...

Fx auction records higher demand after September undersubscription

Ethiopia’s foreign exchange auction recorded stronger demand in October,...

The Russian-Ethiopian Agro-Industrial Partnership: Investment, Technology, Food Security

Ethiopia is experiencing one of the most remarkable agricultural...

China Southern Launches New Guangzhou–Addis Ababa Route

China Southern Airlines has launched a new air route...

Airbus forecasts 150% rise in per capita Air travel in Ethiopia

Ethiopia’s per capita air travel is projected to increase...

Ethiopia imposes strict investor eligibility rules on Dangote Petroleum Securities Offer

The Ethiopian Capital Market Authority (ECMA) has imposed strict...
spot_img

Related Articles

Popular Categories

spot_imgspot_img