Awash Bank

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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. 13, 1995. 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.
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M-Pesa Ethiopia and Awash Bank launch digital overdraft service - Developing Telecoms

M-Pesa Ethiopia and Awash Bank launch digital overdraft service Developing Telecoms

Awash Bank Profits Rises by 11.7bn birr to Reach 22bn birr Despite Policy Constraints - Birr Metrics

Awash Bank Profits Rises by 11.7bn birr to Reach 22bn birr Despite Policy Constraints Birr Metrics

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Awash Bank Posts Record 22 Billion Birr Annual Profit, Signaling Strength Amid Economic Reforms - Addis Insight

Awash Bank Posts Record 22 Billion Birr Annual Profit, Signaling Strength Amid Economic Reforms Addis Insight

Awash Bank celebrates 30 years of growth with deposits surpassing 273 billion birr - Capital Newspaper

Awash Bank celebrates 30 years of growth with deposits surpassing 273 billion birr Capital Newspaper

Ethiopia: Awash Bank Reports Record Profit - 2Merkato.com

Ethiopia: Awash Bank Reports Record Profit 2Merkato.com

Awash Bank: Spearheading Growth and Innovation Amid Disruption - Global Finance Magazine

Awash Bank: Spearheading Growth and Innovation Amid Disruption Global Finance Magazine

Mastercard and Awash Bank partner to launch new international prepaid card and Payment Gateway Service - mastercard.com

Mastercard and Awash Bank partner to launch new international prepaid card and Payment Gateway Service mastercard.com

Mastercard and Awash Bank partner to launch enhanced payment options in Ethiopia - Techpoint Africa

Mastercard and Awash Bank partner to launch enhanced payment options in Ethiopia Techpoint Africa

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

MSMEs in Ethiopia to Access ETB 1.5 billion through a New Agreement between Awash Bank and Nine Micro Finance Institutions (MFIs) - allAfrica.com

MSMEs in Ethiopia to Access ETB 1.5 billion through a New Agreement between Awash Bank and Nine Micro Finance Institutions (MFIs) allAfrica.com

Awash Bank Secures $50 Million Boost from AfDB - Borkena

Awash Bank Secures $50 Million Boost from AfDB Borkena

Awash bank in lawsuit over unpaid bills - Ethiopia Observer

Awash bank in lawsuit over unpaid bills Ethiopia Observer

Awash Bank’s Pre-Tax Profit Jumps to ETB 14 Billion Amid Expansion - Addis Insight

Awash Bank’s Pre-Tax Profit Jumps to ETB 14 Billion Amid Expansion Addis Insight

Awash Bank secures $1.5 Billion in remittance revenue for 2023/24 - Capital Newspaper

Awash Bank secures $1.5 Billion in remittance revenue for 2023/24 Capital Newspaper

Awash Bank Announces Pre-Tax Profit of Nearly 11 Billion Birr - Addis Insight

Awash Bank Announces Pre-Tax Profit of Nearly 11 Billion Birr Addis Insight

Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers - Addis Insight

Awash Bank Secures Over $498 Million in Foreign Exchange for Over 2,200 Customers Addis Insight

Awash Bank to partner with MasterCard International - Ethio Sports

Awash Bank to partner with MasterCard International Ethio Sports

Awash Bank Profits Surge as Loan Book Growth Hits Record High - Birr Metrics

Awash Bank Profits Surge as Loan Book Growth Hits Record High Birr Metrics

Awash Bank Earns Over 22 Billion Birr Profit in 2024/25, Posts Record Year Across All Metrics - StockMarket.et

Awash Bank Earns Over 22 Billion Birr Profit in 2024/25, Posts Record Year Across All Metrics StockMarket.et

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Awash Bank and Amhara Bank Lead the Way in Interoperable QR Payments - Addis Insight

Awash Bank and Amhara Bank Lead the Way in Interoperable QR Payments Addis Insight

Awash Bank says it provided other local banks with $100 mln. foreign currency - Borkena

Awash Bank says it provided other local banks with $100 mln. foreign currency Borkena

Awash Bank Allocates Over $498 Million USD in Foreign Currency - StockMarket.et

Awash Bank Allocates Over $498 Million USD in Foreign Currency StockMarket.et

Ethiopia: Awash Bank Reports a Profit of Birr 11.6 Billion - 2Merkato.com

Ethiopia: Awash Bank Reports a Profit of Birr 11.6 Billion 2Merkato.com

Awash Bank Partners with Mastercard to Launch Prepaid Card and Payment Gateway in Ethiopia - Tech In Africa

Awash Bank Partners with Mastercard to Launch Prepaid Card and Payment Gateway in Ethiopia Tech In Africa

Awash Bank Reports ETB 14 Billion Profit - StockMarket.et

Awash Bank Reports ETB 14 Billion Profit StockMarket.et

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Ethiopia: Awash Bank Reports Growth in 2023/24 Financial Year - 2Merkato.com

Ethiopia: Awash Bank Reports Growth in 2023/24 Financial Year 2Merkato.com

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Awash Bank of Ethiopia grows profit by $43.4 million - New Business Ethiopia

Awash Bank of Ethiopia grows profit by $43.4 million New Business Ethiopia

Awash Bank Beings Work to Roll out Digital Loans - Shega Media and Technology PLC

Awash Bank Beings Work to Roll out Digital Loans Shega Media and Technology PLC

Addis Fortune - Addis Fortune

Addis Fortune Addis Fortune

Awash Bank of Ethiopia tops private banks in profit, deposit - New Business Ethiopia

Awash Bank of Ethiopia tops private banks in profit, deposit New Business Ethiopia

Awash Bank of Ethiopia profit increases by 900 million birr - New Business Ethiopia

Awash Bank of Ethiopia profit increases by 900 million birr New Business Ethiopia

Awash Bank Becomes the First Bank in Ethiopia to Issue Credit Cards - Shega Media and Technology PLC

Awash Bank Becomes the First Bank in Ethiopia to Issue Credit Cards Shega Media and Technology PLC

Awash Bank to Raise Capital to One billion USD - Ethiopian Monitor

Awash Bank to Raise Capital to One billion USD Ethiopian Monitor

Awash Bank Nets 5.58 billion Birr Profit - Ethiopian Monitor

Awash Bank Nets 5.58 billion Birr Profit Ethiopian Monitor

Awash Bank Partners with Mastercard to Launch International Prepaid Cards - Ethiopian Monitor

Awash Bank Partners with Mastercard to Launch International Prepaid Cards Ethiopian Monitor

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