Category: <span>News</span>

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...

Abay Bank and Ethiopian Music Sector Associations Union Sign MOU
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Abay Bank and Ethiopian Music Sector Associations Union Sign MOU

Addis Ababa, 12th August 2022 – Abay Bank S.C. and Ethiopian Music Sector Associations Union have signed a Memorandum of Understanding (MOU) to work in partnership in different banking services. The agreement includes provision of various credit services and products to members of the Ethiopian Music Sector Associations Union. Markos Demeke, Acting Chief Retail Officer...

Abay Bank, Esdros Construction Trade and Industry Sign MOU of Partnership
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Abay Bank, Esdros Construction Trade and Industry Sign MOU of Partnership

Addis Ababa, 29th July 2022 – Abay Bank S.C. and Esdros Construction Trade and Industry S.C. have signed a Memorandum of Understanding (MOU) to partnership and work in different banking services. Yehuala Gesesse, Chief Executive Officer of Abay Bank and Tadesse Assefa, Board Chairperson of Esdros Construction Trade and Industry have signed the MOU at...

Abay Bank Awards Highest Achievers of Branches, Districts
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Abay Bank Awards Highest Achievers of Branches, Districts

The Bank has awarded high performing branches and district offices for their outstanding performance during the 2021/22 fiscal year, on the occasion of the Annual Management Meeting held at Inter Luxury Hotel from July 20 – 21, 2022.   Bahir Dar District has received first level trophy award for its highest achievement. Similarly, Azwa, Amdework,...

Abay Bank Awards 5th Round Prize Winners
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Abay Bank Awards 5th Round Prize Winners

Addis Ababa, 06 July 2022 – Abay Bank S.C. has awarded prizes to winners of the 5th round foreign exchange related programs.     On the occasion, Chief Executive Officer of Abay Bank, Yehuala Gesesse in his welcoming speech congratulated winners and noted that conducting foreign currency exchange service with the Bank will help to alleviate the...

Abay Bank, Dashen Brewery Sign Agreement for Provision of Credit Services
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Abay Bank, Dashen Brewery Sign Agreement for Provision of Credit Services

Addis Ababa, 24th June 2022 – Abay Bank S.C. and Dashen Brewery S.C. have signed a Memorandum of Understanding (MOU) for the provision of the Bank’s credit services and products to the employees of Dashen Brewery. The credit products include various mortgages, car and other consumer loan facilities.      Yehuala Gesesse, Chief Executive Officer of...