Awash Bank
Awash Bank S.C. is one of Ethiopia's leading private commercial banks, established in 1994 as the first private bank in the country following financial sector liberalization. Founded with initial capital of ETB 24.2 million, the bank has grown to become a major financial institution serving millions of customers across Ethiopia. Awash Bank offers comprehensive banking services including savings accounts, time deposits, loans, foreign exchange services, and digital banking solutions. The bank has pioneered several innovative services in the Ethiopian banking sector, including mobile banking and electronic payment systems. With a strong focus on customer service and technological advancement, Awash Bank serves retail customers, small and medium enterprises, and corporate clients. The bank has established itself as a reliable partner for the Ethiopian diaspora through specialized remittance services and diaspora-focused banking products. Awash Bank operates one of the largest branch networks among private banks in Ethiopia, with presence in major cities and towns across all regions of the country.
Savings Rates
Current deposit rates — verified
24-Month Fixed Deposit
Min ETB 5,000
12-Month Fixed Deposit
Min ETB 1,000
6-Month Fixed Deposit
Min ETB 1,000
3-Month Fixed Deposit
Min ETB 1,000
Women Savings
Min ETB 100
Diaspora Account
Min ETB 500
Youth Savings
Min ETB 50
Regular Savings
Min ETB 100
Current Account
Min ETB 500
| Product | Annual Rate | Min. Balance | Term | Last Verified |
|---|---|---|---|---|
24-Month Fixed Deposit | 14.00% | ETB 5,000 | Flexible | 5 May 2026 |
12-Month Fixed Deposit | 11.00% | ETB 1,000 | Flexible | 5 May 2026 |
6-Month Fixed Deposit | 10.00% | ETB 1,000 | Flexible | 5 May 2026 |
3-Month Fixed Deposit | 9.50% | ETB 1,000 | Flexible | 5 May 2026 |
Women Savings | 9.50% | ETB 100 | Flexible | 5 May 2026 |
Diaspora Account | 8.50% | ETB 500 | Flexible | 5 May 2026 |
Youth Savings | 8.00% | ETB 50 | Flexible | 5 May 2026 |
Regular Savings | 7.50% | ETB 100 | Flexible | 5 May 2026 |
Current Account | 3.00% | ETB 500 | Flexible | 5 May 2026 |
Loan Rates
Current lending rates — verified
Business Loan
Max 84 months · Verified 5 May 2026
Car Loan
Max 84 months · Verified 5 May 2026
Personal Loan
Max 60 months · Verified 5 May 2026
FX Rates
Most recent available rates
FX rates for this institution are not yet available.
Institution Details
Contact and regulatory information
Full name
Awash Bank
NBE licence
LB/001/94
Licence date
10 Nov 1994
HQ region
Addis Ababa
Phone
—
—
Digital Services
Data disclaimer
All data is sourced from official NBE publications and institution websites. For comparison purposes only. Always verify directly with the institution.
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