Dashen Bank S.C.

Founded on September 20, 1995, Dashen Bank is one of the largest private commercial banks in Ethiopia. Headquartered in Addis Ababa and named after Ras Dashen—the country's highest mountain peak—the bank has grown from an initial capital base to become a prominent financial institution serving millions of customers through nationwide branch networks, interest-free banking, and digital financial platforms.

History & Background

• Establishment: Founded on September 20, 1995, by 11 founding businessmen and banking professionals.
• Name Origin: Named after Ras Dashen, the highest mountain peak in Ethiopia, symbolizing peak performance and resilience.
• Headquarters: Addis Ababa, Ethiopia.
• Growth: Scaled from an initial capital base to become one of the country's leading private commercial banks.

Operations & Infrastructure

| Channel / Infrastructure | Operational Scale | | --- | --- | | Branch Network | Over 900 physical branches across Ethiopia | | ATM Terminals | Network of more than 1,100 ATMs | | Point-of-Sale (POS) | More than 2,000 POS merchant terminals | | Digital Banking | Omni-channel banking platforms and dedicated payment SuperApp services |

Products & Services

• Retail & Corporate Banking: Savings accounts, current accounts, fixed-time deposits, and structured commercial loan portfolios.
• Interest-Free Banking (IFB): Full-fledged Shariah-compliant services under the Sharik brand, including specialized financing and dedicated cards such as An-NissaCard and SharikCard.
• Digital & Card Services: Electronic payment integration with international networks (American Express, Visa, MasterCard), international e-commerce payment gateways, and Buy Now Pay Later (BNPL) financial solutions.