Abay Agent Banking aims to extend its banking services to unbanked customers. According to the NBE Directives:
Agent: means a person engaged in a commercial/business activity and has been contracted by a financial institution to provide the services of the financial institution on its behalf.
Agent Banking means the conduct of banking business on behalf of a financial institution through an agent using various service delivery channels.
Thus, Abay Agent Banking provides banking services near to their premise through kiosk, supermarket, pharmacy, and other outlets. Abay Agent banking is branded as "Abay Bedeje" which implies that the banking service has come closer to home/ premises. The Agent Banking services include:
Abay Bank inaugurated the second full-fledged Interest-free banking branch!
Abay Bank inaugurated its 224th Branch on July 4, ...Read More
Abay Bank S.C Inaugurated 223th standardized Branch!
Abay Bank inaug its 223th standardized Branch ...Read More
Abay Bank Inaugurated 222th Branch!
Abay Bank opened its 222th Branch on March 15, 202 ...Read More