Amhara Bank

www.amharabank.com.et/

Founded: 2022 — Commenced operations June 2022 (public summaries).

Headquarters: Addis Ababa, Ethiopia

Regulator: National Bank of Ethiopia (NBE)

Ownership: Private commercial bank (share company)

Branches: 319+ (reported)

Financial Highlights

Paid-up Capital: 7.4 billion ETB (reported at launch)

Shareholders: 163,000+ (reported)

About Amhara

Amhara Bank is a newer private commercial bank that entered the market in 2022. Public summaries highlight a very large shareholder base at launch and rapid initial rollout of branches and service points. It provides retail and business banking services including deposits, domestic payments, and digital/ATM access as the network expands.

Business Segments

RetailSMEDigital-first growth (where emphasized)Branch expansion

Services

Retail

Deposit accounts
Domestic transfers
ATM/card access (where available)

SME

Business accounts
Collections
SME finance (policy-dependent)

Corporate

Corporate accounts (where offered)
Payroll (where offered)

Digital Channels

Mobile bankingInternet banking (where offered)ATM network

Key Milestones

• Launched 2022 with large shareholder base
• Rapid rollout of branches and service points

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