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The throng of shareholders makes Amhara Bank the most powerful and prominent bank in Ethiopia as it was established by more than 163 thousand subscribers with 7.4 billion ETB paid-up and 7.4 billion ETB subscribed capital. Currently, the bank’s paid-up capital has reached 7.4 billion ETB.
Amhara Bank officially commenced operations on 18th June 2022 after receiving business operation license from the National Bank of Ethiopia and the date was recorded momentous as many tremendous projects were kicked-off simultaneously including opening of 72 full-fledged branches – all connected through cutting edge core banking system, Interest Free Banking, ATMs, were few to mention.
The Bank is backed by a strong structure of leadership that assures its successful future having 10 members of board of directors who are highly regarded entrepreneurs and academicians and an agile team of management.
Amhara Bank now is rendering quality banking service through its 312+ branches, in-house developed high-tech mobile banking application and USSD based mobile banking. Moreover, the bank has created job opportunities for more than 5000 skilled and talented employees.
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