Discover Awash International Bank in Ethiopia and Beyond

Awash International Bank is a leading financial institution in Ethiopia, with a rich history dating back to 1996. It was established with a vision to provide innovative financial solutions to individuals, businesses, and organizations.

With its headquarters in Addis Ababa, Awash International Bank has grown to become one of the largest banks in the country, offering a wide range of banking services. Its network of branches and ATMs is spread across Ethiopia, making it easily accessible to its customers.

The bank's commitment to excellence has earned it numerous awards and recognition, including being named the Best Bank in Ethiopia by the African Banker Awards.

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Awash International Bank was founded on 10 November 1994.

The bank started operation on 13 February 1995 with 486 shareholders and a paid-up capital of 24.2 million birr.

It's named after the majestic Awash River.

In its early years, the bank gained significant traction, earning roughly 1.37 billion birr in the 2013/14 fiscal year, which accounted for 40% of the whole private banks' earnings.

On 24 November 2014, Awash International Bank partnered with Misys FusionBanking Essence to boost its growth and expansion plans.

Awash International Bank is a leading financial institution in Ethiopia, with a history dating back to 1994. It was established as a private bank and has since grown to become one of the largest banks in the country.

The bank has a strong presence in the country, with over 200 branches and a network of agents that cover all 10 regions of Ethiopia. This extensive network allows customers to access their accounts and conduct financial transactions from anywhere in the country.

One of the bank's key strengths is its commitment to providing innovative banking solutions to its customers.

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The NAICS code for Awash International Bank S.C is 522110, 522, 52, 52211, and 5221.

You can look up the NAICS code for a specific bank by searching online or checking the bank's website.

The NAICS code 522110 specifically identifies banks in the United States.

For international banks like Awash International Bank S.C, multiple NAICS codes like 522, 52, or 52211 may apply.

Knowing the correct NAICS code can help you understand the bank's industry classification and identify potential business opportunities.

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The SIC code for Awash International Bank S.C is 60 and 602.

If you're looking for a specific bank's SIC code, it's worth noting that codes can vary depending on the bank.

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Awash International Bank has a solid reputation in the Ethiopian banking industry. The bank's performance is a testament to its commitment to excellence.

As of 2020, the bank's total assets stood at 1.8 billion Birr, showcasing its significant growth over the years. This growth can be attributed to the bank's strategic expansion and diversification of its services.

The bank's profitability is also noteworthy, with a net profit of 1.3 billion Birr in 2020. This impressive figure highlights the bank's ability to manage its risks and maintain a strong financial position.

Awash International Bank's customer base has been steadily increasing, with over 1.5 million customers served as of 2020. This growth in customer base is a direct result of the bank's efforts to expand its services and reach a wider audience.

The bank's digital transformation has been a key factor in its success, with a significant increase in mobile banking users and online transactions. In 2020, the bank reported a 25% increase in mobile banking users, demonstrating its commitment to embracing technology and improving customer experience.

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