Frequently Asked Questions

Abay Bank was officially established on July 14, 2010 and started operation on November 4, 2010.

The Great Abay River is a dramatic spectacle and a symbol of natural strength and grandeur. It is not only a magnificent sight to visit, but also a river with immense potential for our country’s development.This tremendous natural strength similarly explains why we are named Abay.

Jomo Kenyata Avenue, around Bambis, in front of NOC Gas Station, Zequala Complex

  • Customer Account Services (Saving Deposit, Demand Deposit, Fixed Time Deposit, etc),
  • Loan Account Services,
  • International Banking services,
  • Foreign Exchange Services,
  • Local and international Money transfer services,
  • Children’s Special Saving Account Services,
  • Youths’ Special Saving Account Services,
  • Women’s Special Saving Account Services,
  • Education Saving Account services
  • Gift card Saving Account Services
  • Club Saving Account Services
  • Charity Saving Account Services
  • Van Banking Service
  • Muday Saving Account Services
  • Senior Citizens Saving Account Services
  • NGO employees Credit Services
  • Interest Free Banking Services,
  • Abay Bedeje – Agent Banking Service,
  • Abay Card Banking Services,
  • Abay Mobile Banking Services,
  • Abay Online – Internet Banking Services
  • Abay Bank serves till 9:00 PM Monday to Saturday;
  • Abay Bank provides fast and modern banking services;
  • Abay Bank provides consultancy and financial support for entrepreneurs;
  • Abay Bank provides professional advice for clients in order they become successful in their business;
  • Abay Bank works in partnership with clients on viability of projects.

Yes, you can use Abay Bank’s swift code, ABAYETAA for international money transfer services. Moreover, Abay Bank is an agent for various international money transfer services such as Western union, MoneyGram, Xpress Money, Trans-Fast, Ria, Dahabshiil,World remit, Irmaan and U Remit.

The Bank has more than 4,189 shareholders.

Yes, starting from the 2012 fiscal year.

One share par value is Birr 1,000.00

Minimum investment is fifty shares or Birr 50,000.00.