Awash Bank Profile

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 on operation, the Bank has registered remarkable growth. Notwithstanding global and domestic challenges, Awash Bank has exhibited superior operational and financial performance among private banks operating in Ethiopia. Awash Bank is working towards strengthening its capital base, technological capabilities, human resources, and customer base.

Our name derives from the Awash River, extensively used in Ethiopia for small to large-scale irrigation schemes, hydroelectricity generation, and 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, providing credit facilities, and facilitating efficient and fast payment systems.