Table 1 : Financial Institutions interviewed

Name of FI Category Ownership3 (majority) Founding year

No. of branches

Loan portfolio* Savings portfolio* Number of SME clients

Development Bank of Ethiopia (DBE) Bank Public 1901 32

5b (leasing portfolio only)

950 (leasing portfolio only)

Commercial Bank of Ethiopia (CBE) Bank Public 1963 644 172.7b (1.5b mechanisati on loans) 451.9b

<10% of loan portfolio Awash Bank Private 1994 535 87.5b 108b n.a.

Nyala Insurance company Private 1995 31 n.a. / n.a.

Oromia Savings and Credit MFI Public 1997 194 12.8m 6.2m 200,000 (most of them are rather micro)

Wasawa MFI Private 1997 29 0.4b (2017) 0.16b (2017) n.a.

VisionFund MFI Private 1998 37 3.3b n.a. 1.3b OLP (through WEDP)

Hibret (United) Bank Private 1998 385 n.a. n.a. 800m OLP to SMEs

Addis Savings and Credit MFI Public 2000 5.2b 2.13b >7,000

Cooperative Bank of Oromia Bank Private 2004 420 54.5b 71.12b n.a.

Oromia Insurance Company (OIC)

Renew Strategies Insurance company Public 2009 48 n.a. (non-life premium ETB 80m) / n.a.

Investment fund Private 2012 1 n.a. / 12

Addis capital goods financing Leasing company Public 2014 10 0.6b / 14

Oromia capital goods financing Leasing company

Public 2017 15 n.a. / 700 Metemanen MFI Private n.a. 14 n.a. n.a. n.a.

The realised target has only one categorical gap: Ethio Lease, the only private leasing company in Ethiopia, did not grant us an interview.5 Different from previous studies, this survey of the supply-side is cursory, because the focus is the perspective of the agri-SMEs. However, AFC’s is probably the first study that systematically covers

2 We collated this information from the interviews as well as search of FIs’ websites and reports as accessible; however there is a high degree of uncertainty (i. e. current figures may well differ. 3 In terms of legal form, all of them are shareholding companies except Renew Strategies, which is a limited liability company (LLC). 4 No branches indicated on NBE website, only HO/ region of operation. 5 The intended interview date could not be realised, because on that day, most of Addis’ main roads were closed due to inauguration of central government. Different from other respondents, Ethio Lease did not offer an alternative date for a visit or call.