Abay Bank S.C. and Adil Corporate Group have signed a Memorandum of Understanding (MOU) to work in partnership with Abay – Sadiiq Interest Free Banking.
Abubeker Nezir, Director – Interest Free Banking of Abay Bank and Adil Abdella Thabit (PhD.) Founder and Chief Executive Officer of Adil Corporate Group have signed the MOU at Headquarters of the Bank.
The agreement includes working in diversified Abay Sadiiq Interest Free Banking Services.
It was noted that Adil Corporate Group is playing its pivotal role by incorporating more than fifteen companies which are engaged in agriculture, education, technology, hotel and tourism sectors.
Abay Bank has provided similar interest free banking services to corporate customers like Ethiopian Pharmaceuticals Manufacturing S.C (EPHARM), MedTech Ethiopia PLC. and others.