Ethiopia: Awash Bank's Deposit Reached 16.1 Billion Birr
Awash International bank (AIB) disclosed, during the past budget year it managed to raise its deposit from 13.1 Billion Birr to 16.1 Billion Birr.
Ethiopia: Awash Bank, USAID Partner to Avail $6.4 Mn in Loans for Agri-Businesses
Ethiopia's Awash Bank and the U.S. Agency for International Development (USAID) entered a partnership deal to avail up to $6.4 million in financing for microfinance institutions and small-to-medium sized agri-businesses in Ethiopia.
Ethiopia: Awash Insurance Made 91 Million Birr Profit
Awash Insurance Company (AIC) disclosed it has made a net profit of 91 million Birr during 2015/2016 fiscal year. The profit made by AIC, which is among the biggest insurers in Ethiopia, shows a 41 percent increase in net profits when compared to the 2014/2015 fiscal year.
Ethiopia: Awash Insurance, Ethiopian Airlines Sign Deal to Offer Travel Health Cover via Mobile App
Awash Insurance has signed an agreement with Ethiopian Airlines to provide travel health insurance coverage for the airline’s passengers, expanding access to insurance services through digital channels.
Ethiopia: Awash International Bank to Add 100 ATMs and 400 POS Terminals
Ethiopia's Awash International Bank (AIB) has purchased 100 Automatic Teller Machines (ATMs) and 400 Point of Sale (POS) terminals, Capital reported.
The Lebanese company, Computer Business Machine (CBM), will supply the ATMs and the POS terminals will be supplied by S2M, a Moroccan company.
