Awash Bank

Awash Bank is an Ethiopian commercial bank serving retail customers, SMEs, corporates, and diaspora clients with deposit accounts, credit, international banking, and digital channels.

Key capabilities include:

• Personal banking accounts for different life stages and needs, including savings and current accounts plus specialized options such as Student Solution Account, Lucy Women Special Saving Account, Smart Children Account, and savings for elders
• SME and corporate banking covering business deposit products (including fixed/time deposits) and sector-focused packages for institutions such as religious organizations, microfinance institutions (MFIs), and cooperatives/SACCOs, plus credit options like mortgage loans and warehouse receipt financing
• Interest-free banking (Ikhlas) with Sharia-compliant products such as Wadiah current/demand deposit, Mudarabah savings, Mudarabah fixed time deposits, Musharakah, Murabaha/Salam, Istisna, and Ijarah (leasing)
• International banking and trade services including remittance, foreign currency and non-resident accounts, import/export support, and guarantee letters (bid bond, performance bond, advance payment, customs duty, customs bond, retention money, and suppliers’ credit guarantees)

Available on Web (internet banking and online services), plus Android and iOS via the AwashBirr Pro mobile banking and wallet app.

Target users include Ethiopian individuals and families, students, women-focused segments, SMEs and large businesses, and the Ethiopian diaspora managing non-resident accounts, transfers, and diaspora lending.

Notable in Ethiopia’s fintech and banking landscape for combining traditional banking services with multiple digital access options such as mobile banking, agency banking, POS terminal services, e-branch banking, and digital loans, while also supporting diaspora and international banking use cases (SWIFT: AWINETAA).