Members of the Management and Executive Management of Siinqee Bank convened for a comprehensive two-day Annual Performance Review of the 2024/2025 fiscal year, held at Nora Resort in Bishoftu on July 26-27, 2025.

During this important strategic session, in-depth discussions focused on the bank’s accomplishments in navigating the economic challenges both nationally and internationally, as well as capitalizing on emerging opportunities throughout the fiscal year.

The bank recently convened a press conference at its headquarters to highlight its financial performance for the 2024/2025 fiscal year and to reflect on its robust growth trajectory over the past three years. The bank announced that its total customer deposits have reached Birr 102.5 billion, underpinning its strong liquidity position. The bank’s total income has amounted to Birr 15 billion, driven by a diverse revenue mix across interest income, fees, and commissions.

Furthermore, the bank disbursed loans totaling Birr 56.7 billion to over 800,000 borrowers, demonstrating its commitment to financial inclusion and credit extension. Notably, through its innovative digital lending platform, ‘Wabii,’ the bank successfully disbursed Birr 1.2 billion within just 45 days to more than 240,000 customers, highlighting its strategic shift towards digital transformation and customer-centric banking solutions.

During the Strategic Review, Mr. Neway Megersa, President of Siinqee Bank, expressed appreciation to the staff, management, and stakeholders for their dedication and the significant milestones achieved over the past fiscal year. He highlighted the critical importance of maintaining vigilance and agility in navigating the rapidly evolving banking landscape, both domestically and internationally, in the upcoming fiscal year. Mr. Neway Megersa emphasized that the bank must remain committed to sustainable growth by enhancing customer-centric services, expanding its branch and digital footprint, leveraging innovative technological solutions, and delivering comprehensive, inclusive banking experiences that foster financial inclusion and stakeholder value.

In addition, recognition and incentive awards were also presented to outstanding branches, districts, and senior management officials in acknowledgment of their exemplary performance during the past fiscal year.