Dashen Bank

Company

Investment-firm

Last deal

$40M

Amount

Debt Financing

Stage

29.08.2023

Date

1

all rounds

$40M

Total amount

General

About Company
Dashen Bank is a prominent private bank in Ethiopia that offers a wide range of banking services.

Industry

Sector :

Subsector :

founded date

01.09.1995

Number of employees

Last funding type

Debt Financing

IPO status

Private

Description

Founded in 1995 with an initial capital of Birr 14.9 million, Dashen Bank operates through a vast network of over 800 branches, 10 dedicated Forex Bureaus, 350 ATMs, and 850 Point-of-Sale terminals across Ethiopia. It has established correspondent banking relationships with 462 banks in 70 countries and 170 cities worldwide. Dashen Bank is known for its reputation in the domestic banking market and also offers Sharia-compliant interest-free banking services. Additionally, the bank partners with leading electronic payment brands and money transfer operators.
Contacts