Business

Awash Bank Deposits Surpass 500 Bln Birr

AI SUMMARY

Awash Bank announced that its total deposits have exceeded 500 billion birr, marking a major milestone in its 32-year history.

Awash Bank's total deposits have surpassed 500 billion birr.
The announcement was made at an event held at the bank's head office in Addis Ababa and across nationwide branches.
Board chairperson Gure Kumsa and CEO Tsehay Shiferaw attended the event alongside senior management.
The bank was established in 1994 and has operated for 32 years.
Awash Bank did not disclose its previous deposit balance, growth rate, account breakdown, total assets, loans, equity, or profits.