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Awash Bank reported total assets exceeding Birr 624 billion for the 2025/26 fiscal year, marking continued growth as the bank expanded its operations to more than 1,010 branches and over 20,658 employees. The figures were disclosed by Gure Kumsa, Chairperson of the Board of Directors, during the opening remarks of the bank’s 31st Ordinary and
Awash Bank has launched five new card services in partnership with Mastercard, expanding its domestic and international payment offerings following Ethiopia’s foreign currency reforms. The launch ceremony was held today at Elilly International Hotel in Addis Ababa, attended by Awash Bank officials and Mastercard representatives. Speaking at the event, Awash Bank CEO Tsehay Shiferaw said
Ethiopia’s largest private bank adds roughly 32 billion Birr in deposits in the three months since closing its books, as it prepares a regional push and faces a market still dominated by the state-owned CBE Awash Bank’s total deposits have surpassed half a trillion Birr, a first for an Ethiopian private bank, cementing its position
Awash Bank (AWAB) dominated trading on the Ethiopian Securities Exchange (ESX) on Wednesday, with 16,522 shares changing hands, nearly 17 times the 986 shares traded in the previous session. The surge lifted total mainboard volume to about 22,014 shares, up from 4,009 on Tuesday. AWAB alone accounted for roughly 75% of the day’s traded volume,
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