Wegagen Bank
Wegagen Bank is a bank in Ethiopia established in 1997. According to its website, the capital of the bank reached 1.8 billion Birr in 2016. Its deposits in 2013/14 exceeded 16 billion birr. Wegagen Bank is a medium sized bank with over 98 branches. Its headquarter, a modern building completed recently, is located at the central financial hub of Addis Ababa.[1] It is one of 8 banks in Ethiopia that has launched an agent banking system.[2]
 | |
| Type | Joint stock |
|---|---|
| Industry | Finance |
| Founded | June 11, 1997 |
| Headquarters | Addis Ababa |
Key people | Tsegaye Lemma, Teferi Zewdu Manahiloh, Tefera Molla Habtyes, Amanuel G/Kidan Berhe, Atey Tadele Basso, Tadesse Adane Gebru, Abdulkadir Abdella Said, Fithanegest Gebru Abreha |
| Products | Financial services |
| Revenue | ETB 394 Million (2014) |
| Website | www |
References
- Cameron, Jackie (March 2, 2017). "Africa's fastest-growing economy has SA investors lining up to share in spoils, say banks". Biz News.
- HAILEMARIAM, BERHANE (August 20, 2017). "Commercial Bank Ready to Launch Agent Banking". Addis Fortune.
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