Banks
Zemen Bank
zemenbank.com/Founded: 2008
Headquarters: Addis Ababa, Ethiopia
Regulator: National Bank of Ethiopia (NBE)
Ownership: Private commercial bank (share company)
Branches: 80+ (reported)
About Zemen
Zemen Bank is a private commercial bank often positioned as technology-forward in its public branding. It serves retail and business customers with core deposit products, payment services, and branch access, and supports corporate banking services where policy allows. Public summaries also highlight major headquarters investments and physical expansion over time.
Business Segments
RetailSMECorporateTechnology-forward banking
Services
Retail
- Deposit accounts
- Transfers
- ATM/card services (availability varies)
SME
- Business accounts
- Collections
- SME financing (policy-dependent)
Corporate
- Corporate accounts
- Cash management (where offered)
International
- International transfer and trade services (where offered)
Digital Channels
Mobile bankingInternet bankingATM network
Key Milestones
- • Positioned as tech-centered
- • Major HQ investment reported in public summaries
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