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Amhara Bank (Amharic: አማራ ባንክ) is a private commercial bank in Ethiopia. Established on 18 June 2022, the bank has the largest shareholder base in Ethiopia's private bank history, with over 165,000 share holders and over 73 branches across Ethiopia. [3] Melaku Fanta is the current chairman of the Board of the Amhara Bank since 2022. [4]
The Bank of Abyssinia (Amharic: አቢሲንያ ባንክ) is a commercial bank and the oldest bank in Ethiopia. It was established in 1905 and inaugurated by Emperor Menelik II on 16 February 1906, becoming the modern bank of Ethiopia. In 1915, the bank was the first to produce banknote with the help of British owned National Bank of Egypt ...
Addis Ababa Bank was an affiliate that National and Grindlays Bank had established in 1963 and of which it owned 40%. At the time of nationalization, Addis Ababa Bank had 26 branches. The merger of Addis Ababa Bank with CBE made CBE the sole commercial bank in Ethiopia, with 128 branches and 3,633 employees. [6]
As of 2016, according to its website, the capital of the bank reached 1.8 billion Birr. Its deposits in 2013–14 exceeded 16 billion birr. Wegagen Bank is a medium-sized bank with a network of 397 branches of which 144 are in Addis Ababa and the remaining 253 are located in other cities and towns of the country.
The National Bank of Ethiopia (NBE; Amharic: የኢትዮጵያ ብሔራዊ ባንክ) is the central bank of Ethiopia. Its headquarters are in the capital city of Addis Ababa. Mamo Mihretu is the current governor of the bank. [2] The bank is active in promoting financial inclusion policy and is a member of the Alliance for Financial Inclusion ...
Awash Bank (Amharic: አዋሽ ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24.2 million and started banking operations on 13 February 1995. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4369 and Birr 5.87 ...
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]