The present-day Bank of Abyssinia was established on February 15, 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II) in accordance with 1960 Ethiopian commercial code and the Licensing and Supervision of Banking Business Proclamation No. 84/1994.
BOA started its operation with an authorized and paid up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.
In two decades since its establishment Bank of Abyssinia has registered a significant growth in paid up capital and total asset. It also attracted many professional staff members, valuable shareholders and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.
Currently, employing the state-of-art banking technology, the Bank provides excellence domestic, international and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever increasing branch networks through out the country.
Company Details
- Employees
- 2.73K
- Founded
- -
- Address
- Gambia Street, Addis Ababa,addis Ababa 1000,ethiopia
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- https://www.bankofabyssinia.com/
- Keywords
- Addis Ababa.
- HQ
- Addis Ababa, Addis ababa
Bank Of Abyssinia Questions
Bank Of Abyssinia's website is https://www.bankofabyssinia.com/
Bank Of Abyssinia's LinkedIn profile is https://et.linkedin.com/company/bankofabyssinia
Bank Of Abyssinia has
2.73K employees.
View email and phone details for 2.73K
employees at Bank Of Abyssinia.
Bank Of Abyssinia's industry is
Financial Services
Bank Of Abyssinia's top competitors are
Ethio Telecom,
Hibret Bank,
Dashen Bank S.c.,
Commercial Bank Of Ethiopia,
Zemen Bank S.c.,
National Bank Of Ethiopia,
Dashen Bank,
Amhara Bank,
Cooperative Bank Of Oromia,
Awash Bank S.c..
Bank Of Abyssinia's categories are Financial Services
Bank Of Abyssinia's founding year is 1996
