Awash Bank
www.awashbank.com/Founded: 1994 — Began operations mid-1990s.
Headquarters: Addis Ababa, Ethiopia
Regulator: National Bank of Ethiopia (NBE)
Ownership: Private commercial bank (share company)
Branches: ~700+
About Awash
Awash Bank is among Ethiopia’s leading private commercial banks, known for broad retail reach and strong private-sector positioning. It offers consumer and business banking services, trade-related services, and expanding digital channels. Public performance highlights in recent years emphasize profitability growth, deposit mobilization, and balance-sheet expansion (exact audited KPIs depend on the reporting year).
One of Ethiopia’s largest private banks with extensive branch growth and a sizable customer base.
Business Segments
Services
Retail
- Savings/current accounts
- Card and ATM access
- Domestic transfers and bill/utility payments (product availability varies)
- Remittance-related services
SME
- SME accounts
- Working-capital support
- Merchant payments/collections
Corporate
- Cash management
- Corporate lending (policy-dependent)
- Payroll/bulk payments
International
- Trade finance services (LCs)
- International transfers via SWIFT framework (typical for major banks)
Digital Channels
Awash has continued expanding digital service availability alongside branch growth.
Key Milestones
- • Early wave private bank established after sector liberalization
- • Scaled national branch footprint over multiple years
- • Strengthened digital and payments services to match customer growth
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