Category: <span>News</span>

Abay Bank Conducted a Strategic Planning Workshop
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Abay Bank Conducted a Strategic Planning Workshop

Abay Bank conducted a two (2) days Strategic Planning Workshop for its Board of Directors and Executive Management team at Haile Grand Hotel, Addis Ababa.In his speech, Yehuala Gessesse, Chief Executive Officer of the Bank, addressed that as the Bank is in the process of developing its Grand Five Year Strategic Plan, the workshop provide...

Abay Bank decided to raise its capital to 12 billion Birr
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Abay Bank decided to raise its capital to 12 billion Birr

The Bank’s shareholders endorsed raising the Bank’s capital to 12 billion Birr. This is announced on the Bank’s the 13th Ordinary & 7th Extraordinary Annual Shareholders’ General Assembly held on November 19, 2022, at Inter Luxury Hotel.In her speech, Ethiopia Tadesse, the Bank’s Board Chairperson, addressed that though the rise of the Omicron variant, the...

Abay Bank, Ethiopian Pharmaceuticals Manufacturing and MedTech Ethiopia Sign MOU
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Abay Bank, Ethiopian Pharmaceuticals Manufacturing and MedTech Ethiopia Sign MOU

Abay Bank S.C, Ethiopian Pharmaceuticals Manufacturing S.C (EPHARM) and MedTech Ethiopia PLC have signed a Memorandum of Understanding (MOU) to work in partnership with Abay – Sadiiq Interest Free Banking services. Interest Free Banking Director of Abay Bank, Abubeker Nezir, Chief Executive Officer of EPHARM, Shimeles Mamuye and Chief Executive Officer of MedTech Ethiopia, Solomon...

Honorary Dr. Artist Aster Awoke Visits Abay Bank
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Honorary Dr. Artist Aster Awoke Visits Abay Bank

Abay Bank S.C. management staff members have warmly welcomed Honorary Dr. Artist Aster Awoke during her business visit to the Bank.     Artist Aster had also a fruitful discussion with Yehuala Gesesse, Chief Executive Officer of Abay Bank. Aster awoke is a renowned Ethiopian artist and has released 26 sweet-sounding music albums so far.

Abay Bank Conducts Customer Session in Bahir Dar
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Abay Bank Conducts Customer Session in Bahir Dar

Abay Bank S.C. has organized a customer discussion session with prominent customers residing in Bahir Dar City and its surroundings about the Bank’s overall achievements and its customer service at Avanti Blue Nile Hotel.     On the occasion, Yehuala Gesesse, Chief Executive Officer of Abay Bank, has expressed his gratitude to all customers for their...

Abay Bank Donates over 2.1 mln. Birr to Mekedonia
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Abay Bank Donates over 2.1 mln. Birr to Mekedonia

Abay Bank S.C. has donated money and organized a lunch reception program to Mekedonia Home for Elderly and Mentally Disabled People to mark the New Ethiopian Year.   On the occasion, Yehuala Gesesse, Chief Executive Officer Abay Bank has handed over ETB 2,111, 810.00 (Two Million One Hundred Eleven Thousand Eight Hundred Ten) to Biniyam Belete,...

Abay Bank Inks Partnership with EthioDash Money Transfer Service
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Abay Bank Inks Partnership with EthioDash Money Transfer Service

Abay Bank S.C. and EthioDash LLC Money Transfer Service have signed an agreement to transfer money worldwide in partnership.     The agreement is targeted at enabling customers to get automated money transfer services from abroad in securely and reliably way, thereby lowering costs, and eliminating informal money transfer practices. In addition, this reliable money transfer practice...