Abay Bank
www.abaybanksc.com/Founded: 2010
Headquarters: Addis Ababa, Ethiopia
Regulator: National Bank of Ethiopia (NBE)
Ownership: Private commercial bank (share company)
Branches: 555+ (reported)
Financial Highlights
Profit (Pre-tax): 1.94 billion ETB (reported)
Total Assets: 66.4 billion ETB (reported)
Total Capital: 9.3 billion ETB (reported)
Paid-up Capital: 6 billion ETB (reported)
Customers: 4+ million (reported)
As of: 2024 (public summary)
About Abay
Abay Bank is a private commercial bank offering standard retail and business banking services including deposits, payments, and branch-based service delivery. Public summaries cite significant branch expansion and a growing customer base. Products typically include deposit accounts, domestic transfers, and business banking services with policy-dependent credit offerings.
Business Segments
Services
Retail
- Deposit accounts
- Transfers
- ATM/card access
SME
- Business accounts
- Collections
- SME finance (policy-dependent)
Corporate
- Payroll
- Corporate accounts (where offered)
International
- International transfers/trade services (where offered)
Digital Channels
Key Milestones
- • Named after Abay (Blue Nile)
- • Scaled branch footprint and customer base in public summaries
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