Ethiopia: Amhara Bank's Assets Reach Birr 28 Billion

Amhara Bank LogoAmhara Bank has announced that its paid-up capital has reached Birr 6 billion as it celebrates its first anniversary. The CEO of the bank, Henok Kebede, revealed that the bank's assets have reached Birr 28 billion, with Birr 19 billion in deposits and Birr 15 billion birr in loans to customers.

The bank has 1 million customers across its 260 branches in Ethiopia and offers modern mobile banking services, ATMs, POS, and interest-free banking services in addition to regular banking services.

Source: Fana BC