The bank of choice for millions, offering cutting-edge digital banking services.
Abyssinia Bank is a top tier private bank in Ethiopia, established in 1996, that has become the bank of choice for millions of citizens. Known for its aggressive expansion and pioneering virtual banking services, the institution continually innovates to provide seamless, tech driven financial solutions across its vast nationwide network.
| Founded | 1996 |
|---|---|
| Total Assets | Over 222.3 billion ETB (latest available data) |
| Branch Network | 930+ branches across Ethiopia |
| Revenue Growth | 22.7% year-on-year growth |
| Profitability | High profit margins, competitive return on equity (ROE) |
| 2020: | 28.80% |
|---|---|
| 2021: | 39.12% |
| 2022: | 56.80% |
| 2023: | 39% |
| 2024: | 33% |
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