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Private company

Awash Bank

Logo: Awash International Bank, Public domain, via Wikimedia Commons3

Commercial bank in Ethiopia

Awash Bank formerly known as Awash International Bank (Amharic: አዋሽ ኢንተርናሽናል ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24.2 million and started banking operations on 13 February 1995. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4,369 and Birr 5.87 billion, respectively.2 It is headquartered in Addis Ababa.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Nov 1994Founded1
  • Industryfinance1
  • HeadquartersAddis Ababa1

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Awash Bank formerly known as Awash International Bank (Amharic: አዋሽ ኢንተርናሽናል ባንክ) is a commercial bank in Ethiopia that was established in 1994 by 486 founding shareholders with a paid-up capital of birr 24.2 million and started banking operations on 13 February 1995. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4,369 and Birr 5.87 billion, respectively. Likewise, as of end June 2020, bank's total assets reached Birr 95.6 billion with over 700 branches found across the country, Awash Bank continues to be leading private commercial bank in Ethiopia.2

The story

Awash International Bank was founded on 10 November 1994 and started operation on 13 February 1995 with 486 shareholders and paid-up capital of 24.2 million birr. It is named after Awash River. In 2013/14 fiscal year, the bank gained roughly more than 1.37 billion birr, accounting 40% of the whole private banks.

On 24 November 2014, Awash partnered with Misys FusionBanking Essence, a financial software company, to boost its continual growth and the branching process.

From Wikipedia’s article on Awash Bank, shared under CC BY-SA 4.0.4

Products and brands

  • financial services

Listed on Wikidata.1

Timeline

  1. Nov 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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