Banking in Ethiopia

Dashen Bank

Established in 1995, Dashen Bank is among the financial giants operating in Ethiopia, embracing the vision to be “Best-In-Class Bank in Africa”. We have over devoted and well-equipped workers serving close to 8 million customers nationwide. We are working with reputable partners from around the world to deliver best-in-class services to our customers. Our Bank aims to extend its presence across the continent, both to strengthen its competitive position and foster business growth. As one of Ethiopia's largest private banks, Dashen has established a robust reputation within the domestic banking sector. The Bank operates through an extensive network, comprising over 900 branches, more than 1,100 ATMs, and over 3,200 Point-of-Sale (POS) terminals nationwide. We excel in providing superior customer service in both conventional and Interest Free Banking. Our technological leadership has made more than 4 million customers to bestow their trust on our digital banking products.

10001+ staff

Commercial Bank Of Ethiopia

The leading bank in Ethiopia, established in 1942. Pioneer to introduce modern banking to the country with more than 1800 branches across the country.

10001+ staff

Cooperative Bank Of Oromia

Establishment Cooperative Bank of Oromia (S.C.) was registered commercially in 2004 and began operations on March 8, 2005, with a paid-up share capital of 112 million birr. The bank was founded by visionary Haile Gebre Lube with the mission to expand financial access to underserved communities, particularly farmers, youth, and women. Since its inception, Coopbank has advanced financial inclusion by lending over 33.8 billion birr to micro, small, and medium enterprises (MSMEs) through its uncollateralized digital lending platform, Michu, through more than 2.1 Million Accounts. The bank has also introduced innovative solutions, such as FarmPass, to transform the agricultural sector by connecting farmers to markets, credit, and tailored financial services. Coopbank continues to empower communities, drive economic growth, and create opportunities for generations to come. Ownership Cooperative - Primary Cooperatives - Cooperatives Union - Cooperatives Federation Non-Cooperative - Organizations and Associations - Individuals Mission Rooting our foundation in communities, we redefine the banking experience, through innovative financial products to bank smarter and live better. Vision Leading the way in financial inclusion, sustainability, and community empowerment for a brighter future. Core Values S – Sustainability C – Community Well-being A – Accountability, Fairness, and Equity in Service Delivery L – Living into & Respect for Tradition, Education and Innovation E – Equal Opportunity & Inclusive Governance Purpose Empowering Communities, Transforming Lives. Motto Empowering Communities, Transforming Lives.

10001+ staff

Zemen Bank S.C

We offer a professional banking relationship to all our customers backed by world-class technologies and outstanding levels of service. Unique in the Ethiopian banking landscape, Zemen Bank's operations are based on multiple branch outlets whose activities are supplemented by several service points such as ATMs, POS terminals, Foreign Exchange Bureaus and Banking Kiosks. This is part of our distinctive Multi-Channel Banking model whereby we allow our customers the option of choosing from different banking service channels that suit their particular needs and circumstances. A key distinguishing feature of Zemen Bank is our highly dedicated and experienced staff. Our staff is committed to meeting and exceeding all your banking needs, and to tailoring our offerings to your specialized requirements. In all our departments, we work to minimize delays and maximize the financial benefits and services that you expect from a trusted bank. Also distinctive about Zemen Bank is our focus on technologically-based banking services. All our cash deposit and withdrawal services at our branch are fully computerized. Opening accounts is easily completed in about 10 minutes with your personal information processed via applications, pictures, and signatures that are securely and digitally recorded. We offer the full range of services—ATMs, Internet Banking and Call Center Banking

501 to 1000 staff

Tsedey Bank

Tsedey Bank S. C. has upgraded itself and joined the banking industry with huge capital and sizable asset position. The Bank was established with a paid-up capital of Birr 7.75 billion, which is well over the regulator’s minimum capital requirement for establishing bank business in Ethiopia. Total capital of the Bank reached Birr 13.3 billion, that includes the paid-up capital, legal and special reserves. Currently, the Bank’s total asset amounted to Birr 74.6 billion.The Bank's paid up capital stands at Birr 10.5 billion.

10001+ staff

Nib Internationalbank

Nib International Bank (NIB) was established on 26 May under license no. LBB/007/99 in accordance with the Commercial Code of Ethiopia and the Proclamation for Licensing and Supervision of Banking Business Proclamation no. 84/1994 with the paid-up Capital of birr 27.6 million and authorized capital of Birr 150 million by 717 Shareholders.

5001 to 10000 staff

Hibret Bank

Hibret Bank was incorporated as a Share Company on 10 September 1998 in accordance with the Commercial Code of Ethiopia of 1960 and the Licensing and Supervision of Banking Business Proclamation No. The Bank obtained a banking services license from the National Bank of Ethiopia and is registered with the Trade, Industry and Tourism Bureau of the Addis Ababa City Administration. Over the years Hibret Bank built itself into a progressive and modern Banking institution, endowed with a strong financial structure and strong management, as well as a large and ever-increasing customer and correspondent base.

5001 to 10000 staff

Oromia Bank

Oromia Bank was established in accordance with the pertinent laws, regulations and the 1960 Commercial Code of Ethiopia, by the Monetary and Banking Proclamation No. 83/1994 and by the Licensing and Supervision of Banking Proclamation No. Accordingly, on September 18, 2008, Oromia Bank obtained a banking business license. At the time of its establishment, OIB’s authorized capital was Birr 1.5 billion, whereas its subscribed capital was Birr 279.2 million, and its paid-up capital Birr 91.2 million. OIB began operation on October 25, 2008 by opening its first branch at Dembel City Center, named Bole Branch. Now, the Bank’s branches reached more than 575. OB has grown its paid up capital to Birr 6.5 Billion.

5001 to 10000 staff

Tsehay Bank

Welcome! Tsehay Bank aspires to deliver modern, reliable and quality banking services for all. Delivering regular and IFB services with cutting-edge digital banking options, Tsehay Bank aims to become one of the best private banks in East Africa. Tsehay Bank For All!

201 to 500 staff

Abay Bank S.C

Ethiopia’s mighty river, the Great Abay, is a dramatic spectacle and a symbol of natural strength and grandeur. It is not only a magnificent sight to visit, but also a river with immense potential for our country’s development. This tremendous natural strength similarly explains why we are named Abay. We are here to foster growth and development by promoting and financing different sectors, thereby generating employment opportunities and accelerating capital formation, by ensuring a safe, stable and sound financial system. As a number of tourists coming to visit the river Abay watch the impressive scenery and the hospitality of the local people with fascination, our dedicated employees supported by the state-of-the art banking technology welcome and serve you with diligence and efficiency. Abay River, Ethiopian’s jewel, has the potential of being the major catalyst for growth and development of the Country. By the same token, Abay Bank has become an engine of growth and development for the farmers, business men and other customers in the financial sector. We are here to lead the way to financial empowerment. Establishment Abay Bank has fulfilled all the necessary requirements of the National Bank of Ethiopia to set up a bank, and officially established on July 14th 2010 and started full-fledged banking operations on November 3, 2010. Currently, paid up-capital of the bank is Birr 4.733 Billion/ Four Billion Seven Hundred Thirty three Million Birr as of June 30, 2023, and the number of share holders reached 4,437/ Four Thousand Four Hundred Thirty Seven. The Bank is poised to serve all economic sectors through its network of branches. It extends its services to domestic trade and services, international trade, agriculture, industry, transportation, construction and real estate sectors.

5001 to 10000 staff

Dashen Bank S.C

Dashen Bank coined its name from the highest peak in the Country, mount Dashen, and aspires to be unparalleled in banking."Ras Dashen" is the highest mountain of Ethiopia. It is also the habitat of rare wild animals; the Wali Ibex, the Gelada Baboon, and the Lammergeyer - the beautiful bone breaker eagle. These unique characteristics of the mountain coincided with the interest of the founders of the Bank and prompted them to adopt this great name and epitomize their aspiration. Rightly, reaching the top of banking business in dynamic and competitive business environment symbolized the highest peak, while the unique and efficient services the bank caters for the public through state -of-the-art computer technology and carefully selected and trained man-power equated with the rare wild animals. Today, indeed, reliability, efficiency and modernity are the hallmark and the bank's distinguishing features which make them synonymous with Dashen Bank as much as the rare animals are synonymous with Ras-Dashen Mountain.

5001 to 10000 staff

Zamzam Bank S.C

ZamZam bank S.C is the first bank to get a license from the National bank of Ethiopia to operate as a full-fledged Interest Free Bank in the country. The bank is established to enhance the financial inclusion with a special focus on the part of society that are alienated from the financial system due to their religious beliefs or other factors. At the time of its formation, ZamZam Bank managed to mobilize a subscribed capital of Birr 1.683 billion and a paid up capital of Birr 872 million from 11,200 shareholders. Taking its name from ZamZam Holy Water which gave life to the barren land of Makkah, springing the hills of Safa and Marwa; ZamZam Bank is working towards ensuring a sustained economic growth. The bank carrying a huge responsibility at its back and with the strong commitment of its shareholders, the board, management and professional employees, it primarily focuses on Sharia’h compliance, advanced technology and excellent customer service starting from the first day of its business. Currently, the bank is progressing ahead with its effort to expand its branch network at the capital city and other parts of the country simultaneously by implementing digital solutions that have far-reaching impact to its cherished customers. ZamZam Bank will be able to offer an increasing range of sharia’ compliant & all inclusive products & services through its qualified human resource and a state of the art technology.

1001 to 5000 staff

Ebirr

ebirr is a value-added and mobile money solution provider established in 2016 under the Ethiopian commercial code to provide financial service solutions.

501 to 1000 staff

Ahadu Bank

A new bank, Ahadu Bank S.C. has started selling shares. The bank has setup a project office around Bambis, Addis Ababa. The bank is among many other banks which have sprung up and started selling shares in the last 3 months.

501 to 1000 staff

Berhan Bank

Established in October 2009, Berhan is noted for providing integrity driven fully fledged banking services. Experience Stress Free Banking with Berhan!

5001 to 10000 staff

Enat Bank

Overview Our name of ‘mother’ signifies our attitude and existence to all clients – we want to take care of you. Enat Bank was initiated by a diverse group of 11 powerful Ethiopian women, and this tight team of founders has shepherded Enat from an idea to a reality. The founders of Enat had a vision to create a new bank that was open to everyone, with a special focus on women. Enat Bank was legally established on July 9, 2011 with plus shareholders after fulfilling the requirements of National Bank of Ethiopia. The bank officially opens its door for service on March 5, 2013. The establishment of Enat marks a unique point in Ethiopian and African banking history Women own 64 percent of the bank, and compose many major leadership positions from the Board of Directors to the senior bank management. Headquartered in Addis Ababa, the Bank is among the late entrant in the banking industry in Ethiopia. Currently, the bank operate its banking service through the network of more than 57 branches throughout the country, 20+ ATM and All inclusive Digital Banking service (via Internet Banking, Mobile Banking, Mobile Money). Our Unique Approaches Enat Bank is established to provide banking service to all clients with special focus for women economy empowerment by providing financial and non-financial services. We stand out for service Excellency: Enat Bank is known by its unique customer service approach in Ethiopian Banking industry. Enat staff will meet all of your banking needs, as it is led by banking professionals with extensive experience in the financial sector. We also different because of our innovative services, a market departure from the traditional way of banking business. We do this through customized products and service specific to the needs and wants of the customer. We provide financial advisor to give you a financial tune-up and nurture your long-term goals.

1001 to 5000 staff

Gadaa Bank

Gadaa Bank is an inclusive private commercial bank established for Ethiopia Economic Development and beyond.

501 to 1000 staff

Oromiabank

We are committed in providing full-fledged and best quality commercial banking services within the pertinent regulatory requirement with due diligence to sustainable business while empowering the missing middle and discharging social responsibility by engaging highly qualified, skilled, motivated and disciplined employees and state-of-the- art information technology, adding real value to the shareholders’ interest and win the public trust.”

1001 to 5000 staff

National Bank Of Ethiopia

501 to 1000 staff

Lion International Bank S.C

Lion International Bank (LIB), established on October 2, 2006 G.C and went operational on 6, January 2007 having 3,739 founding shareholders, subscribed capital of Birr 432.5 million and paid-up capital of Birr 108.2 million. Currently, LIB has over shareholders, and over Birr 2.5 billion paid-up capital. The bank’s total asset has reached over Birr 32 billion, mobilized a total outstanding deposit of Birr 25 billion and granted a total outstanding loan of over 23 billion to customers. Having 278 branches across the country, the bank is able to attract and retain over 1.4 million customers. Lion International Bank has also created job opportunities for 2,753 individuals at various capacities. LIB is the frontier financial institution in the introduction and provision of late hour service until 7:00 PM and provision of agency banking digital service to the economy through Anbesa HelloCash platform. At present, the bank has over 3,400 Anbesa HelloCash agents and about agent banking customers. It is also providing state of the art mobile, internet and card banking services. Our Card banking, Mobile banking, and Internet banking users have reached to and respectively.

1001 to 5000 staff

Private Bank And Insurance Share Sell In Ethiopia

Bank Share sell and buy in Ethiopia

201 to 500 staff

Kefeta Microfinance

11 to 50 staff

Awash Bank

Awash Bank, Ethiopia’s pioneering private bank, was established on November 10, 1994 after the downfall of the socialist regime. The Bank was established by 486 founding shareholders with a paid-up capital of Birr 24.2 million and started banking operations on Feb. Since embarking operation, the Bank has registered remarkable growth. Notwithstanding global and domestic challenges, Awash Bank has exhibited a superior operational and financial performances among private banks operating in Ethiopia. Awash Bank is currently working towards strengthening its capital base, technological capabilities, human resources and customer base. Our name derives from the Awash River, which is extensively used in Ethiopia for small to large-scale irrigation schemes, hydroelectricity generation and for industrial activities. By that token, the tagline “nurturing like the river” implies Awash Bank’s immense contribution to the country’s socio-economic development. We also serve the population by encouraging the habit of saving, the provision of credit facilities and facilitating efficient and fast payment systems. One of the core values of our bank is accessibility. We always strive to improve our accessibility by means of different service delivery channels. Currently, we are the most accessible private bank in the country, with a large footprint of extensive branch networks. In addition to branch networks, we provide our customers the convenience of 24/7 service through ATMs, point of sale terminals, internet, mobile and agency banking. Corporate social responsibility lies at the heart of Awash Bank’s activities since its establishment. The Bank’s intent is to change the socio-economic situation of the communities within which it operates by ploughing back funds to improve education, health and the environmental and social wellbeing of the disadvantaged strata.

10001+ staff

Awash Bank

Awash Bank was established by 486 founding shareholders with a paid-up capital of Birr 24.2 million and started banking operations on Feb. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4369 and Birr 5.87 billion, respectively. Likewise, as of end June 2020, our total assets reached Birr 95.6 billion with over 535 branches found across the country, Awash Bank continues to be leading private commercial Bank in Ethiopia. Having grown from humble beginnings with visionary intent, we are the first private bank in Ethiopia to exceed a billion profit mark in the history of Ethiopian Private Banks in the financial year 2019 since inception, we have expanded through a combination of substantial organic growth and an enhanced customer service experience.

10001+ staff