The share of the two state banks, Commercial Bank of Ethiopia (CBE) and Development Bank of Ethiopia (DBE),is 60.1%, while the remaining share belongs to the 16 private banks. The total capital of CBE is 43.85 billion birr (close to $1.2 billion),while DBE has registered a total capital of 7.6 billion birr (around $271 million). The share of CBE is 51.1% of the total capital of the 18 banks currently operating in Ethiopia. The 16 private banks have registered a total capital of 34.22 billion birr, which 39.9% of the total capital of all banks in the country. With around 100,000 shareholders, the 16 private banks currently operating in Ethiopia are: Awash International Bank, Dashen Bank, Cooperative Bank of Oromia, Hibret Bank, Wegagen Bank, Nib International Bank, Bank of Abyssinia,Oromia International Bank, Addis International Bank, Berhan Bank, Abay Bank, Debub Global Bank, Zemen Bank, Bunna International Bank, Anbessa International Bank and Enat Bank.

Source: News Business Ethiopia January 10, 2019 09:00 UTC