Amhara Bank to start operation on July 7 with 70 branches











Melaku Fanta, Chairman of the Board of the Amhara Bank, A total of 70 complete branches will be provided by the bank on the day of its inauguration. He said the bank would expand its branches to more than 100 by July 7.

According to Melaku Amhara bank is a public bank, adding that shares have been sold in all parts of Ethiopia in accordance with the National Bank of Ethiopia (NBE) regulations so far. The chairman also mentioned that they have appointed the chief executive and deputy executives of February 9, 2022.

The bank’s chief executive, Henok Kebede, on his part said 70 branches will be operational by July 7, with the opening opening on June 11. He said work has been done to provide inputs for labor and materials. Amhara Bank, which started its motto “Beyond the Bank”, has announced that it will fulfill its social responsibility.

The Bank will also have panel discussions, blood donations and other programs by June 18.

The Bank has announced that it will cover the cost of the bus service from 6:00 am to 9:00 pm on June 11, when the bank will start its social services. He also announced that users can also benefit from the day without charge.The bank has started operating with a capital of over six billion birr and has so far spent more than 4 billion birr.



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