Popular Questions

 

Financial Highlight

  • Asset

    The total asset of the Bank has registered a significant growth in the last sixteen years in a raw as shown below.

    In Millions of Birr

     

     

    Variables

    Fiscal Year-End of June 30,

    2013

    2014

    2015

    2016

    2017

    Total Assets

    10,160

    11,276

    13,666

    16,828

    25,324

    Outstanding Deposit

    8,496

    9,096

    11,118

    13,634

    20,700

    Outstanding Loan

    4,609

    5,153

    5,992

    8,121

    14,105

    Total Equity

    1,108

    1,504

    1,807

    2,124

    2,904

     

     

  • Revenue and Profit

    Revenue and Profit

    The revenue and profit of the Bank has also shown positive growth rate. The table below shows the past five years revenue and profit of the bank.

    In Millions of Birr

    Fiscal Year

    Revenue

    Profit

    June 30,2013

    606.29

    351.47

    June 30,2014

    696.79

    351.48

    June 30,2015

    836.27

    373.96

    June 30, 2016

    1,180.81

    487.23

    June 30, 2017

    1,779.55

    704.46

  • Capital Adequacy Ratio

    The Bank’s real capital as percentage of total risk weighted assets was 18.41% at the end of FY June 30, 2015. This indicates that the Bank’s margin of protection available to both depositors and creditors against anticipated losses is well above the supervisory authority’s required minimum level of 8%.

  •  

 

Corporate Governance

 

Effective corporate governance practices are essential in achieving and maintaining public trust and confidence in the banking system, which are critical to the proper functioning of the banking sector and the economy as a whole. Effective corporate governance shall be carried out by board of directors as well as by management groups of the company.

 

The corporate executive group of BOA is structured by a nine-man Board of Directors, with proven truck records in corporate strategic issues elected for three terms by the shareholders during the General Meeting, and top- level Management group (the Chief Executive Officer, Chief Enterprise Services Officer, Chief Customer Service Officer, Chief Operations Officer, Chief Strategy Officer, Chief Information Systems Officer) elected by the board those are responsible for their respective business groups organized under 16 departments.

 

The total staff strength of the Bank, who is well qualified in their area of occupation, as at June 30, 2017, were 5005.

The list of existing Board of Directors and Top Management of BOA with their telephone number is tabulated below.

 

 

Board of Directors

No.

Name

Position

Tel. No.

1

Ato Meseret Taye

Chairperson

+251 11 552 5632

2

Ato Ali Mohammed

Member

 

3

Ato Bahiru Mossa

Member

 

4

Ato Belay Gemechu

Member

 

5

Ato Berhnau Jijo

Member

 

6

Ato Biruk Tesfaye

Member

 

7

Dr. Getachew Teka

Member

 

8

Ato Solomon Girma

Member

 

9

Ato Tilaye Tegegne

Member

 

10

Ato Tewodros Tesfaye

Board Secretary

 

 

 

Executive Management

No.

Name

Position

Tel. No.

1

Ato  Mulugeta Asmare

Chief Executive Officer

+251 11 553 0663

2

Ato Demissew Abebe

Chief Enterprise Services Officer

+251 11 552 0225

3

Ato Abreham Gebeyehu

Chief Customer Officer

+251 11 558 2129

4

Ato Anteneh Sebsebe

Chief Operations Officer

+251 11 558 3059

5

Ato Desta Bekalu

Chief Strategy Officer

+251 11 552 0225

6

Ato Yosef Kibret

Chief Information Systems Officer

+251 11 663 3786

7

Ato Beruk Walelegn

Executive Director-Human Resources

+251 11 558 3350

8

Ato Kagnew Wolde

Executive Director-Marketing Department

+251 11 554 6730

 

English and Amharic ATM User Guide

 

 

 

 

 

 

 


Money Transfer

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Currency Rate Bank of Abyssinia

  Exchange Rate 

  Date Aug. 18, 2018

 

Department Directors/District Managers

No.

Name

Position

Tel. No.

1

Ato Yetnayet Awgechew

Risk and Compliance Management

+251 11 554 6857

2

Ato Eyasu Mekonnen

Internal Audit

+251 11 554 0205

3

Ato Dula Merera

Legal  Services and Loan Recovery

+251 11 859 2842

4

Ato Mulugeta Beza

International Banking Operations

+251 11 531 9012

5

Ato Tesfaye Abebe

Credit Analysis and Appraisal

+251 11 552 1174

6

Ato Tefera Tolossa

Core Systems

+251 11 663 3464

7

Woy. Fresenayit Tassew

Customer Management and Support

+251 11 558 3667

8

Ato Yoseph Tamirat

Business Intelligence and Analytics

+251 11 558 2129

9

Ato Desalegn Yizengaw

Finance and Accounting Department

+251 11 551 4156

10

Ato Kefyalew Shiferaw

E-Banking Operations

+251 11 558 3383

11

Ato Bantalem Taye

Results Management Office

+251 11 558 1624

12

Ato H/Mariam Abezo

Engineering Services & Project Management

+251 11 896 5889

13

Ato H/Mariam Tewolde

Property and Facilities Management

+251 11 558 4868

14

Ato Fisseha Kassa

Treasury Operations

+251 11 552 6385

15

Ato Misganaw Habte

Strategy, Planning & Monitoring

+251 11 558 3059

16

Ato Fentahun Demeke

IS Infrastructure

+251 11 661 1395

17

Currency Buying Selling
1 USD

27.4379

27.9867
1 EUR

31.2106

 31.8348
1 GBP 33.2990  33.9650
1 AED  6.7595  6.8947
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