Founded as the very First Private Commercial Bank in 1995, Awash Bank was established by 486 founding shareholders with a paid-up capital of Birr 24.2 million and started banking operations on February 13, 1995. As of June 2017 the number of shareholders and its paid-up capital increased to over 3,700 and Birr 2.6 billion respectively. Share holders have decided to raise the authorized capital to Birr 6 billion and the paid-up capital to Birr 3 billion within the next two years. As of June 2017, our total assets reached Birr 42.2 billion. With over 316 branches across the country, Awashbank continues to be the leading private commercial Bank in Ethiopia in terms of Branch networks.
Awash Bank is a bank that has thrived over 22 years in a rapidly evolving market and economy. Having grown from humble beginnings with visionary intent, we are the first private bank in Ethiopia to exceed a billion profit mark in the history of Ethiopian Private banks in the financial year 2015/16.
Since inception, we have expanded through a combination of substantial organic growth and an enhanced customer service excellence.
What We Do?
We are a commercial bank that provides diverse range of financial products and services to a wholesale, retail and SME clients base in Ethiopian Market and aspired to expand to East African Markets.
Awash Bank focuses on delivering distinctive profitable solutions for its clients in all core areas of commercial banking.
Our strategic goals and objectives are based on the aspiration of:-
- To be the core bank to our clients, deepening and broadening strategic relationship in the market.
- To be the number one bank for accessibility, innovative products and diversity of customer focused banking services.
Our Vision and Mission Statements
Vision : “To be the First Choice World Class Bank”
Mission: “To provide Innovative, Competitive and Diversified banking services accessible to the society with qualified and committed staff in a profitable and socially responsible manner”
Our Core Values