Banking in Ethiopia is a public-private enterprise and is dominated the public owned commercial banks namely Commercial Bank of Ethiopia and Development Bank of Ethiopia. The banking sector in Ethiopia was opened for private investors since the 90s. Some 18 private banks have since established and have been a significant engine for the growing economy. The folling is a comprehensive list of commercial banks in Ethiopia.

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Zemen Bank

Addis Ababa

Zemen Bank Zemen Bank is an emerging Bank in the growing banking sector in Ethiopia. It brings a new dynamism and modernisation and innovation in Business banking in Ethiopia. It has modern services such as internet banking, call center banking and SMS banking ...


Development Bank of Ethiopia

Development Bank of Ethiopia The Development Bank of Ethiopia is a specialized financial institution established to promote the national development agenda through development finance and close technical support to viable projects from the priority areas of the government by mobilizi ...

Telephone011 551 11 88/89

Dashen Bank

Dashen Bank Dashen Bank was established on September 20,1995 according to the commercial code of Ethiopia, 1960, and the licensing and supervision of banking business proclamation No. 84/1994.The first founding members were 11 businessmen and professional that agreed ...

Telephone+251- 11- 466 13 80 Ext. (450), (451), (453), (455), (456), (458)

Awash International Bank

Awash International Bank Awash International Bank is a full-service bank in Ethiopia. According to its website, the bank has 80 branches and 480,000 customers. Its deposits in 2009 exceeded 6.1 billion birr.[1] It's the biggest private commercial bank in Ethiopia. The headquarter ...

Bank of Abyssinia

Ras Desta Damtew Avenue, Red Cross Building

Bank of Abyssinia Bank of Abyssinia is one of the biggest and oldest banks in Ethiopia providing full fledged domestic and international banking services using modern technology, and through socially and ecologically responsible practice, as well as ensuring profitability ...

Telephone+251 115 514130