- Swift Code: AMHRETAA
The throng of shareholders makes Amhara Bank the most powerful and prominent bank in Ethiopia as it was established by more than 138 thousand subscribers with 4.8 billion ETB paid-up and 6.5 billion ETB subscribed capital. Currently, the bank’s paid-up capital has reached 6.5 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 12 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 300+ 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.
Amhara Bank is a share company with 138,558 shareholders contributing birr 6.5 billion in paid-up capital and birr 6.5 billion subscribed capital. The bank’s ability to work together to develop a successful business venture and commercial bank service is reflected in its diversified ownership.
Amhara Bank Commenced Operation
Amhara Bank commenced operation through a series of colorful events.
Amhara Bank Powered ‘Tana Cup’
Amhara Bank signed an agreement with Bahir Dar City Administration to be a name sponsor of Tana Cup where the football cup takes place in Bair Dar city.
Amhara Bank Convened its First General Assembly
Amhara Bank summoned its first ordinary and extraordinary general assembly of shareholders.
Amhara Bank Launched Marhaba Interest Free Banking Service
Amhara Bank launched full-fledged Interest free Banking Service with brand name Marhaba in the attendance of higher officials and dignitaries.
Amhara Bank Supported Humanitarian Organizations
Amhara Bank supported humanitarian organizations which are engaged in addressing various pain points of the community in relation to its corporate social responsibility endeavors.
Amhara Bank Commemorated its First Anniversary
Amhara Bank colorfully celebrated its first anniversary in recognizing the milestone achievements registered throughout the yearlong journey.
Amhara bank awarded PwC to undertake the strategic plan and roadmap development and implementation initiative
Amhara Bank unveils the kickoff of development and implementation project of a five-year strategic plan and roadmap in partnership with world class consultant PwC. Amhara bank awarded PwC to undertake the strategic plan and roadmap development and implementation initiative after an extensive selection process.
To be a leading and game changing Bank in Africa.
To provide a wide-ranging, accessible, reliable and innovative financial and non-financial solutions through state-of-the-art technology by competent and ethical professionals in a socially responsible manner with a client-oriented culture.
The core values of Amhara Bank are fused as I CARE and defined in detail below.
We differentiate ourselves from the rest with our creative products and quality service. We are committed to offering smart products and services that will make our customer’s lives better. We are always on the lookout for better solutions that will meet the customer’s needs.
We relentlessly pursue customer excellence and consider our customers needs from their perspective and aim to exceed their expectations. We give back to the communities where we operate and are committed to making an impact in the communities where we live. We contribute to sustainable development by delivering economic, social, and environmental benefits. The Bank support progressive social change.
We are committed to ensuring accountability and transparency in our activities through good governance practices to meet the demands of stakeholders’ interests.
Amhara Bank is devoted to discharge its roles and responsibilities and respect with best efforts and capabilities through continually upgrading skills and knowledge, maintaining an effective system of communication and consultations, with a system of reward and recognition for outstanding performance. We demonstrate respect for the individual in dealing with customers, colleagues, and the larger community. We value trust and openness.
We commit to what we can deliver, and we deliver on our commitments promptly. We find the simplest and most cost-effective way of performing tasks, every time and start with quality in mind to ensure superior execution. We strive to get it right, the first time and every time.
