Awash Bank was established by 486 founding shareholders with a paid-up capital of Birr 24.2 million and started banking operations on Feb. 13, 1995. As of end of June 2020 the number of shareholders and its paid-up capital increased to over 4369 and Birr 5.87 billion, respectively. Likewise, as of end June 2020, our total assets reached Birr 95.6 billion with over 535 branches found across the country, Awash Bank continues to be leading private commercial Bank in Ethiopia.
Having grown from humble beginnings with visionary intent, we are the first private bank in Ethiopia to exceed a billion profit mark in the history of Ethiopian Private Banks in the financial year 2019 since inception, we have expanded through a combination of substantial organic growth and an enhanced customer service experience.