Bank of Abyssinia

🇪🇹 Ethiopia
Banking
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A commercial bank in Ethiopia offering deposit accounts, loans, online and mobile banking, card services, foreign exchange, and e-commerce payments for individuals and businesses.

Bank of Abyssinia Product Overview

Is Bank of Abyssinia Right for You?

Liners prepares and updates these highlights as product information changes. Editorial standards

Best For

  • Ethiopian individuals
  • Ethiopian businesses

What It Does Well

  • Deposit accounts
  • Loans and lending

Things to Check

  • Mobile app features
  • E-commerce payment setup

About Bank of Abyssinia

Screenshot of Bank of Abyssinia website

Bank of Abyssinia is a commercial bank in Ethiopia serving individual, SME, corporate, and public-sector customers with retail and business banking products, plus digital channels for everyday transactions and account management.

Key capabilities include:

  • Deposit accounts and specialised products, including saving, current, and fixed time accounts, plus options such as Adey Women’s Account (higher saving rates with shopping-related benefits) and ECX-related accounts for Ethiopian Commodity Exchange traders.
  • Loans and guarantees for personal and business needs, covering corporate and commercial credit products, consumer and mortgage products, and bank guarantees, supported by an online loan calculator.
  • Digital banking channels for remote service access, including Abyssinia Online internet banking, BoA Mobile for mobile banking, Apollo for digital account creation and management without visiting a branch, and Virtual Banking via self-service ITM machines with virtual teller support.
  • Cards, payments, and international banking, such as Visa debit cards (including Gold and Classic options), an e-commerce payment gateway that supports Visa and Mastercard, foreign currency products, trade services, money transfer partnerships, and published daily exchange rates.

Available on Web, Android, and iOS (BOA Mobile).

Target users include retail customers in Ethiopia, SMEs and corporates needing credit and trade services, and institutions that require FX, treasury, or trade-related banking.

Notable for its breadth of digital access (online, mobile, ITM-based virtual banking, and Apollo digital onboarding) and its Interest-Free Banking window, AbyssinAmeen, which offers Sharia-compliant deposit and financing products under Sharia advisor oversight.

Bank of Abyssinia Facts

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Operates In
🇪🇹 Ethiopia
Social Links
Official Links
WebiOS· 3.2Android· 3.9
What it does
B2BB2CCommercial BankLending and LoansPhysical CardsSavings
Pricing & Fees
Variable pricingPricing varies: Cash Withdrawal Free up to Birr 2000; Birr 5 for Birr 2,001-Birr 10,000; Birr 10 above Birr 10,001 – 50,000. Local Money Transfer: From account 100 birr flat; non-account holders(cash)150 birr flat. Safe Deposit: Small size Birr 12,000 per annum; Medium size Birr 18,000 per annum; Large size Birr 24,000 per annum; Extra-large size Birr 30,000 per annum. Charges exclusive of VAT.

As of Oct 12, 2026, Bank of Abyssinia is rated 3.2 on the App Store from 386 reviews and 3.9 on Google Play from 12.8K reviews with 1M+ installs.

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Latest Bank of Abyssinia News & Updates

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Frequently Asked Questions About Bank of Abyssinia

Bank of Abyssinia is a commercial bank in Ethiopia that lets you open and manage deposit accounts, take loans, use cards, and make payments and transfers through branches and digital channels like internet banking, mobile apps, Apollo digital banking, and virtual banking machines. You use its accounts and cards for day‑to‑day transactions, savings, credit, FX, and e‑commerce, either in person or via its web and mobile platforms.

Bank of Abyssinia operates primarily in Ethiopia and its products, branches, and services are focused on customers in Ethiopia.

You can sign up by opening an account through a Bank of Abyssinia branch or via its digital onboarding platform Apollo, then activate services like Abyssinia Online and BoA Mobile for remote access. Specific eligibility requirements and documents depend on the type of account or service you choose.

Yes, Bank of Abyssiniais available on iOS and Android as BOA Mobile. You can download Bankofabyssinia on the App Store for iPhone, or get it on Google Play for Android.

Bank of Abyssinia is best suited for individuals, SMEs, corporates, and public‑sector entities in Ethiopia that need local banking services, credit, trade and FX products, and digital access to their accounts. It is also suitable for customers seeking Sharia‑compliant banking through its AbyssinAmeen interest‑free banking window.

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