Ethiopia: Awash Bank Launched a New Core Banking System
Awash International Bank S.C. (AIB) launched a new core banking system called Fusion Banking Essence (FBE). This system replaced the previous one dubbed Bank Master.
Ethiopia: Awash Bank Partners with KPMG to Transform Operations
Embracing a vision to be one of the East Africa’s top private banks by 2025, Awash Bank S.C concluded a partnership agreement with the global financial services firm KPMG to devise a comprehensive strategy for the bank titled “Transforming AIB: Vision 2025.”
Ethiopia: Awash Bank Partners with Ugandan Fintech Firm Service Cops
Awash Bank’s CEO Tsehay Shiferaw and CIO Yohannes Merga signed a partnership agreement with Service Cops, a Ugandan financial technology (fintech) firm, on April 25, 2022 at the headquarters of Awash. The partnership will realise the bank’s digital strategy by creating a variety of digital payment solutions in various service sectors.
Ethiopia: Awash Bank Reports a Profit of Birr 11.6 Billion
Awash Bank announced a strong financial performance for the 2023/24 fiscal year, reporting a gross profit of Birr 11.6 billion.
Ethiopia: Awash Bank Reports Growth in 2023/24 Financial Year
Awash Bank announced significant financial achievements at its 29th Annual General Meeting held in Addis Ababa. The bank's total assets reached Birr 282 billion during the 2023/24 fiscal year, reflecting its continued growth and resilience.
