The Ethiopian Deposit Insurance Fund has amassed a total ETB of 5.89 billion in the past nine months, signaling growing momentum in the country’s efforts to build a stable and trustworthy financial system. Of this amount, 88.29% (ETB 5.2 billion) came from insurance premiums collected from financial institutions, while the remaining 11.71% (689.45 million birr) was generated through investment returns.

Established under Council of Ministers Regulation No. 482/2013 and operational for just two years, the Fund is under the supervision of the National Bank of Ethiopia and serves as a critical mechanism to protect depositors in the event of bank failures. Premium contributions were primarily sourced from private banks (ETB 2.67 billion or 51.3%), the Commercial Bank of Ethiopia (2.47 billion birr or 47.5%), and microfinance institutions (ETB 59.49 million or 1.2%).

In terms of investment, the fund has built a portfolio worth ETB 12.11 billion, with 92.24% placed in government treasury bills and the remainder in Mudarabah term accounts, reinforcing its commitment to low-risk, Sharia-compliant financial strategies.

In addition to its financial performance, the Fund is investing in internal capacity—modernizing its information management systems and workforce. As Ethiopia navigates economic reforms, the steady rise of the fund presents a quiet but vital assurance to depositors across the country: their savings are being safeguarded with increasing efficiency and transparency.