Abyssinia Bank concluded a partnership agreement with Deloitte Consulting for consultation on its Five-Year Strategic Plan and organizational transformation scheme, according to Capital.
Abyssinia Bank has announced a partnership with FastPay Digital LLC, a U.S.-based company with a branch in Ethiopia, to enhance its international digital remittance services. The agreement is set to be signed today in Addis Ababa.
Abyssinia Bank has announced that it disbursed over USD 349.94 million in loans during the current fiscal year to help alleviate Ethiopia’s foreign exchange shortage and support the country’s import trade.
Abyssinia Bank has announced that it earned Birr 10.1 billion in unaudited profit during the 2024/25 fiscal year. This represents a 91.4 percent increase compared to the previous fiscal year. The announcement was made during the Bank’s 29th Annual General Meeting of Shareholders.
Abyssinia Bank and Visa have signed a five year strategic partnership agreement aimed at accelerating digital payments in Ethiopia.
