What makes Abay unique?
Table of Contents
What makes Abay unique?
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.
What is the mission of Abay Bank?
To provide effective and efficient full-fledged banking service focused on development, business growth and profitability to meet the expectation of stakeholders.
What is history of Abay Bank?
Abay Bank was founded on July 14, 2010, and afterward started its operation on the 4th of November of 2010. More than 4,100 shareholders have invested in Abay Bank, and the capital has surpassed 2.5 Billion Birr, with a paid-up capital of 1.7 Billion Birr.
How many branches are there in Abay Bank?
List of banks in Ethiopia
| Bank Name | No of Branches | |
|---|---|---|
| 1 | Nib International Bank | 98 |
| 2 | Abay Bank S.C. | 159 |
| 3 | Addis International Bank | 64 |
| 4 | Awash International Bank | 430 |
What is initial capital of Abay Bank?
Abay Bank was established with a subscribed capital of 174.5 million Br and a paid-up capital of 125.8 million Br.
What are the goals of a Bank?
Attracting deposits and developing them, in order to achieve the best financial return for shareholders and depositors. Expanding banking activities to include new sectors and economic activities; such as agriculture, industry, trade and services. Provide financing for investors. Provide security for depositors.
How many branches Abay Bank in Ethiopia?
How many employees does Abay Bank?
Abay Bank corporate office is located in Addis Ababa, Addis Ababa, Ethiopia and has 123 employees.
How many branches Abay Bank have in 2021?
Its sphere of operation has expanded all over the country and the total number of branches has reached over 373 and it has more than 1,665,160/ One Million Six Hundred Sixty Five Thousand One Hundred Sixty account holders as of June 2022.
What is the highest interest rate in Ethiopia?
Deposit Interest Rate in Ethiopia is expected to reach 4.68 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Ethiopia is projected to trend around 4.68 percent in 2023, according to our econometric models.
How do I apply for a job at Abay Bank?
How to Apply:
- Interested & qualified applicants fulfilling the above criteria can apply in person at Head Office, Hawassa District Office, Hosanna Branch, Shinshicho Branch and Hadero Branches or send your motivation letter & updated resume/CV ONLY at www.abaybank.com.et.
- Position 1: Cashier Application Form.
Which Bank is best in Ethiopia?
Best Banks in Ethiopia for 2022
- Awash Bank 2017/2018 Fiscal Year.
- Dashen Bank 2017/2018 Fiscal Year.
- Wegagen Bank 2017/2018 Fiscal Year.
- Oromia International Bank 2017/2018 Fiscal Year.
- Bank of Abyssinia 2017/2018 Fiscal Year.
- United Bank 2017/2018 Fiscal Year.
- NIB International Bank 2017/2018 Fiscal Year.
Which Bank pays high in Ethiopia?
The Bank of Abyssinia
Abyssinia Bank to Pay 100,000Br President Salary. The Bank of Abyssinia has claimed the top spot as the Ethiopian bank paying the most to its senior management, though the salary increment for its mid-level staff is rather less flamboyant.
What is the main work of bank?
The primary role of banks is to take deposits and make loans. But banks can offer a wide range of products and services, including: Deposit accounts (checking accounts, savings accounts, CDs, money market accounts) Loans, including mortgage loans, auto loans and personal loans.
