Commercial Bank

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.

14.00%
Best savings rate
578
Branches
AWINETET
SWIFT code
1994
Founded

Savings Rates

Current deposit rates — verified

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24-Month Fixed Deposit

Min ETB 5,000

14.00%

12-Month Fixed Deposit

Min ETB 1,000

11.00%

6-Month Fixed Deposit

Min ETB 1,000

10.00%

3-Month Fixed Deposit

Min ETB 1,000

9.50%

Women Savings

Min ETB 100

9.50%

Diaspora Account

Min ETB 500

8.50%

Youth Savings

Min ETB 50

8.00%

Regular Savings

Min ETB 100

7.50%

Current Account

Min ETB 500

3.00%

Loan Rates

Current lending rates — verified

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Business Loan

13.00%16.50%

Max 84 months · Verified 5 May 2026

Car Loan

13.50%16.00%

Max 84 months · Verified 5 May 2026

Personal Loan

14.50%18.00%

Max 60 months · Verified 5 May 2026

FX Rates

Most recent available rates

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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

Email

Digital Services

Mobile banking app
Yes
Internet banking
Yes
USSD (*) banking
Yes
SWIFT transfers
Yes
App store rating4.1 / 5.0

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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