Oromia Bank reported a pre-tax profit of 2.6 billion birr for the fiscal year, up 155 percent from the previous year, while non-performing loans declined to 2.26 percent, the bank said on Saturday at its 16th Annual General Meeting.

Total assets reached 85.5 billion birr, up 26 percent from the prior fiscal year, while total deposits grew 22.1 percent to 6.9 million accounts. Paid-in capital increased 6 percent to 6.88 billion birr, contributing to total capital of 11.6 billion birr.

The bank recorded revenue of 12.36 billion birr, exceeding budget projections by 105 percent, with total expenditures of 9.79 billion birr.

Digital services expanded during the year, with the number of users on the bank’s platforms rising 50 percent to 5.7 million. The Milkii digital finance application, offering services including fuel payments and “buy now, pay later” options, served over 80,000 borrowers and disbursed more than 300 million birr. By June 30, 2025, the app had been used by more than 4.57 million customers nationwide.

Infrastructure development continued, with the main office in Goma Quteba completed and construction progressing on mixed-use and regional projects in Gelan, Adama, and Jimma. The bank also provided over 22 million birr in community support during the fiscal year.