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Industry Linkage
Amhara Bank
Finance · Finance
Industry Information
- Industry Type
- Finance
- Established
- June 18, 2022
- Region
- amhara
- Address
- Amhara Bank S.C. Gondar District Office, Bleko Area, near Gondar City Mayor’s Office, Gondar, Amhara Region, Ethiopia
Description
The throng of shareholders makes Amhara Bank the most powerful and prominent bank in Ethiopia as it was established by more than 163 thousand subscribers with 7.4 billion ETB paid-up and 7.4 billion ETB subscribed capital. Currently, the bank’s paid-up capital has reached 7.4 billion ETB.
Amhara Bank officially commenced operations on 18th June 2022 after receiving business operation license from the National Bank of Ethiopia and the date was recorded momentous as many tremendous projects were kicked-off simultaneously including opening of 72 full-fledged branches – all connected through cutting edge core banking system, Interest Free Banking, ATMs, were few to mention.
The Bank is backed by a strong structure of leadership that assures its successful future having 10 members of board of directors who are highly regarded entrepreneurs and academicians and an agile team of management.
Amhara Bank now is rendering quality banking service through its 319+ branches, in-house developed high-tech mobile banking application and USSD based mobile banking. Moreover, the bank has created job opportunities for more than 5000 skilled and talented employees.
Products & Services
It provides savings, deposits, loans, and digital banking solutions for individuals and businesses. It also offers international trade, remittance, diaspora products, and interest-free Islamic banking services.
Company Profile
- Sector
- Finance
- Company Size
- Large
- Nearby City
- Gondar
- Nearby University / TVET
- Gondar University
- Contact Person
- Mr. Getasew Erku
- Technology Status
- —
Academia–Industry Partnership
- Linkage
- No
- HETRIIL Plan
- No
- Internship Capacity
- In the area of Accounting and Finance, and management
- Externship Capacity
- The district office will accommodate more externs as far as permission is obtained from the head office
- Cooperative Training Capacity
- specialized programs focusing on capital markets, information technology, motivation, and customer handling
- Linkage Achievements
- The university has actively participated in the recruitment process, with interns serving as ambassadors to promote the bank
Industry Demand
- Externship Demand
- 50 interns in the area of IT and capital market
- Cooperative Training Demand
- Motivation and customer handling
- Technology Gap
- Online platforms to facilitate meetings and conferences
- Joint Applied Research
- Research on Banking and Insurance and capital market
- Consultancy Demand
- Consultancy areas identified include bank structure, strategic planning, and auditing.
- Priority Collaboration Theme
- Capacity building focuses on capital markets, IT, motivation, and customer handling within the Ethiopian context.
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