Abay Bank Registers Remarkable Performance

Abay Bank Registers Remarkable Performance

Abay Bank S.C. has registered a remarkable performance during 2021/22 fiscal year.

Wondifraw Tadesse, Chief Strategy and Marketing Officer of Abay Bank on a press conference held at the Bank’s Headquarters noted that the Bank has achieved remarkable results in all performance parameters during 2021/22 fiscal year.

Mr. Wondifraw also added that the Bank decided to raise the Bank’s capital to Birr 12 billion at the 13th Ordinary and 7th Extraordinary Shareholders’ General Assembly which was held on November 19, 2022.

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