Dashen Bank Reports Strong Q2 2025/26 Deposit Growth and Digital Banking Uptake

As reported by Dashen Bank

Summary

• Dashen Bank published second quarter 2025/26 results highlighting strong deposit mobilization and accelerating digital transformation. Total deposits grew 18% year-on-year, with mobile banking transaction volumes up 42% compared to Q2 2024/25.
• The bank attributed the growth to expanded agent networks, improved mobile app user experience, and competitive pricing on foreign exchange services. FX disbursement to customers reached $98 million in Q2, a sequential increase from $87 million in Q1.
• For BirrValue users, Dashen's growing FX capacity and digital infrastructure make it an increasingly competitive option for remittances and conversions. The bank's app handles direct remittance receipt from Remitly, Wise, and WorldRemit. Compare Dashen's buying and selling rates on BirrValue against CBE, Awash, and Abyssinia before choosing where to send or convert.