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This page was last edited on 8 December 2024, at 02:42 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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 4,369 and Birr 5.87 ...
Shortly after proclamation, Awash International Bank was established in 1994 by 486 shareholders and by 1998 its capital reached up to 50 million ETB. Dashen Bank was established on 20 September 1995 as a share company with capital 50 million ETB. Wegagen, Nib International Bank, and Cooperative Bank of Oromia Bank ensued. [2]
The bank also operates two branches in South Sudan. It is contemplating re-opening a branch in Djibouti, and opening branches in Dubai and Washington, DC, all to serve the Ethiopian diaspora. The bank is pioneer to introduce modern banking to Ethiopia and credited for playing a catalytic role in the economic progress and development of the ...
The city has a branch offices of Commercial Bank of Ethiopia, [23] Dashen, Awash, Wegagen, and Ambessa. [24] Adigrat's Chamber of Commerce actively organizes many of the business in the town. [ 25 ] A modern water supply system was built at a cost of 126.4 million birr and was inaugurated on 27 June 2017.
Tsehay Bank is an Ethiopian commercial bank launched in July 2022, operating in Ethiopia. The bank started with 30 branches in Addis Ababa, and as of 2023, the number of branches has increased to over 91 service centers throughout Ethiopia. [1] The bank is known for its "Bank for All" motto.