Get in touch
Phone, fax, e-mail
Address: Ras Desta Damtew Avenue Red Cross Building
Telephone: +251 115 514130
FAX: +251 115 510409 / 5511575
The New Bank
On 15 February 1996, ninety years to the day following the establishment of the first Bank of Abyssinia, a new privately-owned bank with this historic name, but otherwise not connected with the older bank, came into existence.
The subscribed capital of the new Bank of Abyssinia (BOA) was Birr 25 million and its authorized capital Birr 50 million, with 131 shareholders, all Ethiopian.
As “Abyssinia” is the ancient name of our great nation and that of the pioneer bank of the land, Bank of Abyssinia’s vision is to live up to this legacy through continuous innovation and provision of world -class banking services.
The mission of Bank of Abyssinia is to provide full fledged domestic and international banking services through qualified and motivated employees, utilization of modern technology, and through socially and ecologically responsible practice, as well as ensuring profitability and growth.
We at Bank of Abyssinia are guided by the following values:
Integrity, Honesty and Loyalty
Good Corporate Governance
Fair Return to Shareholders