- Swift Code: AMHRETAA
Amhara Bank is committed in adapting modern technology and digital banking service so as to boost business efficiency, save costs, increase accuracy, improve competitiveness, agility and enhance security.
ABa Mobile Banking application is a convenient and secure way for customers to manage their finance in real time. ABa mobile is user-friendly which makes banking easy and accessible for everyone.
Ease of Application Process
Amhara Bank’s adoption of Lewedaje has significantly improved the ease of doing business by streamlining its lending processes and eliminating geographical barriers. With standardized procedures and accurate data, lending decisions are now made more swiftly and consistently. Borrowers can apply for loans anytime, anywhere, without the need to travel. By submitting necessary documents online, the Lewedaje platform can quickly deliver loan decisions, further enhancing the overall convenience and efficiency of the process.
The financial structure of Lewedaje loans differs significantly from traditional loan products, as the loan amounts are typically small and the loan terms are short.
Short Loan Processing Period
This is a key distinction between traditional lending and the Lewedaje loan. In the current banking system, it can take weeks or even months to process applications and disburse the necessary funds using conventional loan methods. In contrast, digital lenders can process your application in just a few minutes, and the funds can be deposited into your bank account almost instantly. This is particularly beneficial when you need a fast loan to meet your financial needs.
Lewedaje loan decisions are based on the credit score of the customer. During the initiation of a credit inquiry, multiple data sources are employed to perform an evaluation. The loan amount is determined by the credit score of the applicant. The higher the credit score of the customer, the higher the loan limit.
