Zemen Bank and IFC Partnership
Zemen Bank and Ethiopian Securities Exchange(ESX) Investment Agreement
Value Added Tax (VAT) Proclamation No 1341/2024
Dear Customers, In accordance with Value Added Tax (VAT) Proclamation No 1341/2024 enacted by the government, banks are instructed to collect value added tax on their service charges, commissions and fees. Therefore, we would like to inform you that as of October 1, 2024, Zemen Bank has started collecting VAT on fees and charges on […]
Zemen Bank and The Ethiopian Netherlands Business Association (ENLBA)
August 22, 2024, Addis Abeba. Zemen Bank becomes associate member of the EthiopianNetherlands Business Association (ENLBA) and signs associate membership agreement onAugust 22, 2024, in a ceremony heled at the Bank’s headquarter. The agreement will benefit Zemen Bank through creating network and strengthening partnershipwith ENLBA members across all industries and sectors, and demonstrating the Bank’s […]
Zemen Bank Marks Customer Appreciation and Recognition Day, Awards its Loyal & High-value Customers.
It Renews Commitment to Innovation and Excellence. Zemen Bank Marks Customer Appreciation and Recognition Day, Awards its Loyal & High-value Customers. It Renews Commitment to Innovation and Excellence. Zemen Bank proudly celebrates its Customer Recognition and Appreciation Day on September 17, 2024, at Sheraton Addis Hotel, recognizing the unwavering partnership and loyalty of its esteemed customers. […]
IFC and Zemen Bank Partner to Strengthen Trade Finance in Ethiopia
Addis Ababa, Ethiopia, February 22, 2024—IFC today welcomed Ethiopia’s Zemen Bankas the newest member of its Global Trade Finance Program (GTFP) and provided the bankwith a trade finance facility to support Ethiopian exports and imports.
