


Timeline

Establishment
November 1996,established with a subscribed capital of Birr 60 million and a paid up capital of Birr 30 million with 16 shareholders
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.
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.
Omni Enterprise Core Banking System
August 2011,upgraded its banking technology to Omni Enterprise Core Banking System
Marked its 20th anniversary
June 2017 ,marked its 20th anniversary at Goffa Branch, one of the first operational branches
Re-branded corporate brand identity
July 2017, launched its re-branded corporate brand identity
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