07/11/2025
Lion International Bank Reports 1.8 Billion Birr Pre-Tax Profit
Nov 1, 2025
Lion International Bank (LIB) reported a pre-tax profit of 1.8 billion birr for the 2024/25 fiscal year during its 21st Annual General Meeting held today at the Sheraton Addis. The figure represents a substantial 94% increase from the previous year, underscoring the bank's robust performance amid economic challenges.
The meeting, attended by shareholders and board members, revealed that the bank's strategic focus on digital transformation and branch expansion contributed significantly to these results. LIB's total assets grew by 25% to reach 54 billion birr, while customer deposits saw a 23% increase to 44 billion birr. The bank's expanding customer base now stands at 2.4 million account holders, reflecting growing public trust in the institution.
LIB strengthened its capital position with paid-up capital increasing by 21% to 3.7 billion birr, while total capital and reserves Reached 6.5 billion Birr. The bank expanded its physical presence by adding 35 new branches, bringing its total network to 341 outlets across Ethiopia.
In a March 2025 report, stakeholders mentioned intentions to boost the bank's capital to 10 billion birr over the coming years.
The bank's strategic growth was further reinforced by its recent merger with Geez Bank, approved in August 2025, which will help meet capital requirements and expand its market reach. LIB also launched the "Anbesa Excellence Award 2025" to recognize top-performing regions, districts, and branches, reinforcing its commitment to operational excellence and service quality.