Monthly Archives: October 2017

Wegagen Inaugurates its Headquarters Building

Wegagen Inaugurates its Headquarters Building

Wegagen Bank inaugurated its 23 stories new Headquarters building in a colorful ceremony in the presence of high-ranking government officials, customers and stakeholders of the Bank on Saturday September 30, 2017.

The building is inaugurated by H.E Dru Mulatu Teshome, President of the Federal Democratic Republic of Ethiopia, who remarked in his keynote address that the building demonstrates the growth the country’s banking industry is registering and serves as a symbol of the transformation Addis Ababa is undergoing.

The President also called up on the Bank to strengthen the key role it plays in the economy by financing investors engaged in the various economic sectors.

The Chairman of Wegagen Bank’s Board of Directors Ato Tefiri Zewdu on his part said that the building signifies the success the Bank has achieved over the last 20 years.

The building as its stands to date is the tallest in Addis Ababa with its height of 107 meters and has become the most distinct figure in Addis skyline with its elegant architectural design.

This multipurpose building will house   a number of businesses in its lower floors while the Bank’s Head Office staff populates the upper floors.