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Congratulations

Wegagen Bank has inaugurated its tallest Headquarters
building, the most distinctive figure in Addis skyline with
its elegant architectural design built in the melting
pot of the city opposite to Addis Ababa Stadium.

The New Light
in the Sky

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Reinventing the iconic

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Timeline

1996
Nov 13

Establishment

November 1996,established with a subscribed capital of Birr 60 million and a paid up capital of Birr 30 million with 16 shareholders

1997
Jun 16

started operations

June,1997 started operations on with two Branches namely: Goffa and Meskel

2000
Aug 16

connecting its branches with wide area network

August 2000, pioneered connecting its branches with wide area network, enabling customers to access and manage their account at any branch.

2007
Jun 16

10th Anniversary

June 2007,Celebrated 10th Anniversary

2010
Jun 16

Introduced card banking

June 2010, introduced card banking with its brand Agar Visa debit card, commenced service in City branches with 11 ATMs .It also started to accept Visa International card service at its ATMs.

2011
Aug 16

Omni Enterprise Core Banking System

August 2011,upgraded its banking technology to Omni Enterprise Core Banking System

2014
Jan 16

Introduced Mobile Banking

January 2014,introduced Mobile Banking

Dec 16

Opens its 100th branch

December 2014,opens its 100th branch

2016
Jan 16

Master Card payment service

January 2016, started to deliver Master Card payment service

Jul 16

Introduced Agency Banking

July 2016,introduced Agency Banking

2017
Jan 16

ATMs reach 200

January 2017, number of ATMs reach 200

Feb 16

Opens its 200th branch

February 2017,opens its 200th branch

Jun 16

500 million Birr profit

June , 2017 registers over 500 million Birr profit

Jun 16

Marked its 20th anniversary

June 2017 ,marked its 20th anniversary at Goffa Branch, one of the first operational branches

Jun 21

paid up capital

June 2017,paid up capital reaches over 2 billion birr

Jul 16

Re-branded corporate brand identity

July 2017, launched its re-branded corporate brand identity

Sep 16

Inaugurated its 33 storied Headquarters Building

September 2017,inaugurated its 33 storied Headquarters Building in the presence of His Excellency , Dr. Mulatu Teshome President of Federal Democratic Republic of Ethiopia and Addis Ababa City Mayor, Ato Diriba Kuma

Oct 16

Moved to its new Headquarters Building

October 2017,moved to its new Headquarters Building

2018
Jan 16

Flex Cube Core Banking System

January 2018, implemented Flex Cube Core Banking System

Jan 16

launched internet Banking

January 2018, launched internet Banking