Ethiopian Business Review
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Ethiopian Business Review
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Ethiopian Deposit Insurance Fund Collects 6.76 Billion Birr in Premiums, Assets Surge to 22.98 Billion Birr
#EBR_News Apr 24, 2026
The Ethiopian Deposit Insurance Fund has collected 6.76 billion birr in premiums during the first nine months of the 2025/26 fiscal year, achieving 100 percent of its target and marking a 31.26 percent increase compared to the same period last year, according to a press release from the Fund.
The Fund, established under Council of Ministers Regulation No. 482/2021 and accountable to the National Bank of Ethiopia, now has 95 member financial institutions, including 31 commercial banks and 64 microfinance institutions. To date, total premiums collected from member institutions have reached 20.61 billion birr.
The Fund's total investment has reached 22.98 billion birr, showing an 89.76 percent increase compared to the same period last year. Of this, 20.97 billion birr is invested in government Treasury bills, while 2.01 billion birr is held in Mudarabah (interest-free) investment accounts. During the nine-month period, the Fund generated 1.74 billion birr in investment income.
Premium collections by institution category show that private banks contributed 10.41 billion birr, the Commercial Bank of Ethiopia contributed 9.96 billion birr, and microfinance institutions contributed 240 million birr. By deposit type, 18.72 billion birr came from conventional deposits and 1.89 billion birr from interest-free deposits.
The primary objective of the Fund is to protect individual and institutional depositors by providing insurance coverage of up to 100,000 birr per depositor in the event of a member financial institution's failure, thereby contributing to the stability of the financial system.
The Fund collects premiums from member institutions and reinvests these funds to enhance its financial capacity.
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#EBR_News Apr 24, 2026
The Ethiopian Deposit Insurance Fund has collected 6.76 billion birr in premiums during the first nine months of the 2025/26 fiscal year, achieving 100 percent of its target and marking a 31.26 percent increase compared to the same period last year, according to a press release from the Fund.
The Fund, established under Council of Ministers Regulation No. 482/2021 and accountable to the National Bank of Ethiopia, now has 95 member financial institutions, including 31 commercial banks and 64 microfinance institutions. To date, total premiums collected from member institutions have reached 20.61 billion birr.
The Fund's total investment has reached 22.98 billion birr, showing an 89.76 percent increase compared to the same period last year. Of this, 20.97 billion birr is invested in government Treasury bills, while 2.01 billion birr is held in Mudarabah (interest-free) investment accounts. During the nine-month period, the Fund generated 1.74 billion birr in investment income.
Premium collections by institution category show that private banks contributed 10.41 billion birr, the Commercial Bank of Ethiopia contributed 9.96 billion birr, and microfinance institutions contributed 240 million birr. By deposit type, 18.72 billion birr came from conventional deposits and 1.89 billion birr from interest-free deposits.
The primary objective of the Fund is to protect individual and institutional depositors by providing insurance coverage of up to 100,000 birr per depositor in the event of a member financial institution's failure, thereby contributing to the stability of the financial system.
The Fund collects premiums from member institutions and reinvests these funds to enhance its financial capacity.
Follow EBR for the latest business news, trends, and expert analysis:
Telegram (@ebr_news)
Facebook* (https://bit.ly/3OodjMF)
LinkedIn (https://lnkd.in/eAVk65Xv)
WhatsApp (https://bit.ly/4tH4NIR)
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Ethiopian Business Review
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