Insights

Digital Innovation The Bank of Abyssinia has demonstrated a strong commitment to digital transformation by launching services like FrankRemit for instant digital remittances, online payment gateways for merchants, and interest-free virtual banking. These initiatives open opportunities for technology providers to offer complementary solutions such as advanced payment processing, cybersecurity, and mobile banking enhancements.

Expanding Branch Network With a focus on increasing accessibility, the Bank is actively expanding its physical branch and self-service machine networks across Ethiopia. Suppliers of banking infrastructure, branch automation, and customer experience solutions could find targeted sales opportunities aligned with these growth initiatives.

Partnership-Driven Growth Strategic collaborations, such as the recent partnership with Xpert Digital for Temenos Infinity implementation, suggest an openness to adopting innovative banking platforms and digital solutions. Vendors offering core banking system upgrades, digital customer engagement tools, and system integration services can leverage these partnerships for sales.

Market Expansion Potential With a sizable customer base and a major focus on serving all economic sectors through increased branches and digital channels, the bank presents opportunities for sales of retail banking solutions, SME financing systems, and cross-border transaction services targeted at broader market segments.

Growing Financial Capacity Reporting a substantial revenue of over $10 billion and continual service enhancements, the bank’s financial robustness indicates a capacity to invest in new technology, infrastructure, and financial products. This signals opportunities for high-value partnerships in areas such as fintech integrations, digital security systems, and advanced analytics for customer insights.

Similar companies to Bank of Abyssinia

Bank of Abyssinia Tech Stack

Bank of Abyssinia uses 8 technology products and services including Joomla, Google Fonts API, Google Code Prettify, and more. Explore Bank of Abyssinia's tech stack below.

  • Joomla
    Content Management System
  • Google Fonts API
    Font Scripts
  • Google Code Prettify
    Miscellaneous
  • Slider Revolution
    Miscellaneous
  • Bootstrap
    UI Frameworks
  • YouTube
    Video Players
  • Stellar.js
    Web Tools And Plugins
  • Facebook
    Widgets

Media & News

Bank of Abyssinia's Email Address Formats

Bank of Abyssinia uses at least 1 format(s):
Bank of Abyssinia Email FormatsExamplePercentage
First.Last@bankofabyssinia.comJohn.Doe@bankofabyssinia.com
52%
FirstL@bankofabyssinia.comJohnD@bankofabyssinia.com
25%
First@bankofabyssinia.comJohn@bankofabyssinia.com
15%
Last@bankofabyssinia.comDoe@bankofabyssinia.com
8%

Frequently Asked Questions

Where is Bank of Abyssinia's headquarters located?

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Bank of Abyssinia's main headquarters is located at Gambia Street, Addis Ababa, Addis ababa 1000, ET. The company has employees across 4 continents, including AfricaNorth AmericaEurope.

What is Bank of Abyssinia's official website and social media links?

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Bank of Abyssinia's official website is bankofabyssinia.com and has social profiles on LinkedIn.

What is Bank of Abyssinia's NAICS code?

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Bank of Abyssinia's NAICS code is 52 - Finance and Insurance.

How many employees does Bank of Abyssinia have currently?

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As of October 2025, Bank of Abyssinia has approximately 5K employees across 4 continents, including AfricaNorth AmericaEurope. Key team members include Chief Digital Officer: S. M.Chief Ifb Officer: A. R.Chief Risk & Compliance Officer: Y. A. M.. Explore Bank of Abyssinia's employee directory with LeadIQ.

What industry does Bank of Abyssinia belong to?

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Bank of Abyssinia operates in the Financial Services industry.

What technology does Bank of Abyssinia use?

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Bank of Abyssinia's tech stack includes JoomlaGoogle Fonts APIGoogle Code PrettifySlider RevolutionBootstrapYouTubeStellar.jsFacebook.

What is Bank of Abyssinia's email format?

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Bank of Abyssinia's email format typically follows the pattern of First.Last@bankofabyssinia.com. Find more Bank of Abyssinia email formats with LeadIQ.

When was Bank of Abyssinia founded?

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Bank of Abyssinia was founded in 1996.
Bank of Abyssinia

Bank of Abyssinia

Financial ServicesEthiopia5001-10000 Employees

The present-day Bank of Abyssinia was established on February 15, 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II) in accordance with 1960 Ethiopian commercial code and the Licensing and Supervision of Banking Business Proclamation No. 84/1994.

BOA started its operation with an authorized and paid up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.

In two decades since its establishment Bank of Abyssinia has registered a significant growth in paid up capital and total asset. It also attracted many professional staff members, valuable shareholders and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.

Currently, employing the state-of-art banking technology, the Bank provides excellence domestic, international and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever increasing branch networks through out the country.

Section iconCompany Overview

Headquarters
Gambia Street, Addis Ababa, Addis ababa 1000, ET
NAICS Code
52 - Finance and Insurance
Founded
1996
Employees
5001-10000

Section iconFunding & Financials

  • $10B

    Bank of Abyssinia's revenue is estimated to be in the range of $10B

Section iconFunding & Financials

  • $10B

    Bank of Abyssinia's revenue is estimated to be in the range of $10B

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