Category: <span>News</span>

Abay Bank Grants 5 Million Birr to Ethiopian Orthodox Tewahdo Church, North Wollo Diocese
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Abay Bank Grants 5 Million Birr to Ethiopian Orthodox Tewahdo Church, North Wollo Diocese

Abay Bank S.C. has granted Birr 5 Million to Ethiopian Orthodox Tewahedo Church, North Wollo Diocese on fund raising program held at Millennium Hall, on July 01/2023 The fund raising program was organized to rebuild churches, monasteries, historical sites and to provide humanitarian support to clergymen and their families whom are affected by the war...

Abay Bank Grants 200 mln Birr Loan to Dessie City Administration for Road Infrastructure Development Machineries Procurement
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Abay Bank Grants 200 mln Birr Loan to Dessie City Administration for Road Infrastructure Development Machineries Procurement

Dessie City Administration has received Birr 200 million loan from Abay Bank S.C. for the procurement of road infrastructure development machineries.      On the occasion held to handover the machineries, Yonas Tesfaye, Abay Bank’s Dessie District Manager, said that Abay Bank is aggressively providing credit facilities to grand projects and immensely executing its corporate...

Abay Bank Discloses New Strategy Plan to Its Management Members
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Abay Bank Discloses New Strategy Plan to Its Management Members

Abay Bank S.C. has disclosed its five Years Strategic Plan to be implemented from 2023/24 to 2027/28 to members of its management at Haile Grand Hotel.        On the occasion, Yehuala Gesesse, the Bank’s Chief Executive Officer, stated the strategy plan is believed to be contender in all parameters and effectively prepared by considering global...

Abay Bank, Adil Corporate Group Sign MOU
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Abay Bank, Adil Corporate Group Sign MOU

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...

Abay Bank Names 477th Branch by Former Board Chairperson Ethiopia Tadesse
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Abay Bank Names 477th Branch by Former Board Chairperson Ethiopia Tadesse

Abay Bank S.C. has named its 477th Branch by former Board Chairperson of the Bank, Ethiopia Tadesse.   On the inauguration program, Abay Bank’s former Board Chairperson, Ethiopia Tadesse has extended her gratefulness for the acknowledgement granted from the bank.   The 477th branch “Ethiopia Tadesse Branch” is opened around Ayat, Tafo, Addis Ababa.

Abay Bank Farewells Former Board Members
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Abay Bank Farewells Former Board Members

Abay Bank S.C. has organized a colorful farewell program for former Board Members who have been serving the bank for several years, on the occasion held at Hyatt Regency Hotel. The farewell program was organized to acknowledge former Board Chairperson, Ethiopia Tadesse and three more Board Members for their unreserved efforts and contributions for the...

Abay Bank Sponsors Iftar Program in Dessie City
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Abay Bank Sponsors Iftar Program in Dessie City

Abay Bank S.C. has sponsored the 1444th Ramadan Iftar program held in Dessie City.It was noted that thousands of Muslim communities in the city have attended the program.Abay Bank is actively and significantly contributing in corporate social responsibilities and is keen to heighten its efforts at large.

Abay Bank Delivering Services at Easter Expo and Trade Fair
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Abay Bank Delivering Services at Easter Expo and Trade Fair

Abay Bank is participating and delivering inclusive banking services at Easter Expo and Trade Fair being held at Exhibition Center and Millennium Hall. We would like to warmly invite all customers to visit us for any banking services being delivered at the exhibition center. The expos organized by Century Promotion and Habesha Weekly Promotion entitled...

Abay Bank, Amhara Media Corporation Sign Partnership Agreement
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Abay Bank, Amhara Media Corporation Sign Partnership Agreement

Abay Bank S.C. and Amhara Media Corporation (AMC) have signed a memorandum of understanding to work in partnership. Abay Bank Bahir Dar District Manager, Sisay Tsegaye and Chief Executive Officer of AMC, Muluken Setye have signed the agreement. The agreement includes provision of various credit services and products to employees of AMC. The bank has...

Statement of Condolences
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Statement of Condolences

Abay Bank S.C would like to extend its deepest sympathy on the death of the Ethiopian Orthodox Tewahdo Church fathers, Archbishop Abune Aregawi (PHD), Head of International Relations of Patriarch Office and Archbishop of Dire Dawa & Djibouti Archdioceses, and Archbishop Abune Basilios Salsawi, Head of Roscher St. Kidanemihret Church.