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Bank of Abyssinia

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.

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Is Bank of Abyssinia right for you?

Best for

  • Ethiopian individuals
  • Ethiopian businesses
  • Everyday banking users
  • Loan applicants
  • Online sellers

What it does well

  • Deposit accounts
  • Personal and business loans
  • Mobile and online banking
  • Card services
  • E-commerce payments

Things to check

  • Loan terms
  • Foreign exchange rates
  • Payment gateway options
  • Card type options
  • Multi-currency needs

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.

As of Jul 6, 2026, Bank of Abyssinia is rated 3.1 on the App Store from 333 reviews and 3.8 on Google Play from 9.7K reviews with 1M+ installs.

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