Abay Bank News

Abay Bank Donates over 2.1 mln. Birr to Mekedonia

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, Founder and Manager of Mekedonia Home for Elderly and Mentally Disabled People. In addition, different clothes collected from the Bank’s Employees are delivered to Mekdonia.    The CEO and Management Team of the Bank have visited different facilities of the center, it was noted. Mekedonia is...

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Abay Bank Inks Partnership with EthioDash Money Transfer Service

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 heightens foreign currency and significantly boosts national economy at large.   EthioDash LLC Money Transfer Services is established by Ethiopians dwelling in the U.S and is working intensively to provide money transfer services, software development and data center services, technology consultation, import and export services. Abay...

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Abay Bank and Ethiopian Music Sector Associations Union Sign MOU

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 of Abay Bank and Dawit Yifru, President of Ethiopian Music Sector Associations Union have signed the MOU at the Headquarters of the Bank. Markos Demeke, appreciated the union for taking the initiative to financially benefit the Artistes and working with Abay Bank; the opportunity allows...

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

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 the Headquarters of the Bank. The agreement includes provision of various credit services and products to employees of Esdros Construction Trade and Industry S.C., collecting school fee from sister organization of Esdros Construction Trade and Industry S.C, and others are incorporated in the agreement.    ...

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Abay Bank Awards Highest Achievers of Branches, Districts

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, Arat Kilo, Kuara and Stadium branches also have received certificates and some money from Board Chairperson and Board of Directors of the bank.  Dessie District has been granted a special award for its commendable efforts and achievements in organizing and resuming branches to services after...

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