Zemen Bank to Work Closely with the Ethiopian Artificial Intelligence Institute to further Modernize Its Operations.
Zemen Bank announced that it will work closely with the Ethiopian Artificial Intelligence Institute to further modernize its operations. The announcement was made during a working visit by the bank’s senior executives to the Institute, where both institutions held their first round of discussions on potential collaboration in applying artificial intelligence technologies within the financial […]
Zemen Bank and European Investment Bank Strengthen Climate Finance Collaboration
The European Investment Bank (EIB) and Zemen Bank agreed to strengthen their collaboration under the Green Financial Systems Technical Assistance Programme.This collaborative project was officially launched in April 2024 and aims to strengthen the bank’s capacity in climate-related risks and green financing. EIB reaffirmed their continued commitment to supporting Zemen Bank in advancing sustainable finance […]
Zemen Bank Partners with IATA Focus Africa Conference
Zemen Bank demonstrated its strategic partnership with aviation sector through sponsoring regional conference organized by the International Air Transport Association (IATA) in Addis Ababa which brought together participants from various international institutions, including Ethiopian Airlines. The conference titled IATA Focus Africa with a theme “Elevating Aviation Safety, Connectivity, and Operational Efficiency in Africa”, was officially […]
“Ethiopia’s Financial Sector Reforms Have Played a Significant Role in Supporting the Aviation Industry” Michael Tsegaye
Zemen Bank Chief Wholesale Banking Officer, Michael Tsegaye, says Ethiopia’s financial sector reform has supported the entire aviation ecosystem. Speaking at the International Air Transport Association’s (IATA) Focus Africa Conference in Addis Ababa, Michael presented a compelling vision of Ethiopia’s evolving financial landscape and its direct benefits for the Private sector.Citing the country’s sweeping macroeconomic […]
Zemen Bank & European Investment Bank ink agreement to mobilize 40 million Euro for Ethiopian Agricultural Business
Zemen Bank and European Investment Bank (EIB) Global signed agreement to mobilize 40 million Euro during the EU – Ethiopia Business Forum to finance agricultural enterprises in the country. Under the agreement, EIB Global is providing a credit line of 20 million Euro to Zemen Bank and Zemen Bank will match the sum in local […]
Zemen Bank Recognized as the First Premium MasterCard Provider
Zemen Bank has received recognition from MasterCard for its service as the first issuer of Premium MasterCard in Ethiopia, which it has been offering for the past 5 years. Mr. Shehryar Ali, Vice President and Country Manager of East Africa and Indian Ocean Islands at MasterCard, handed over the award to Ato Dereje Zebene, CEO […]
Zemen Bank has become a proud partner in the 10th International Horticulture & Floriculture Trade Fair!
Zemen Bank has become a proud partner in the 10th International Horticulture & Floriculture Trade Fair, which officially opened today.The opening ceremony was attended by senior government officials, as well as executives from various institutions and investors, including Ato Dereje Zebene, Chief Executive Officer of Zemen Bank.Zemen Bank takes pride in its partnership in this […]
Zemen Bank Conducts Financial Literacy Sessions for High School Students
Zemen Bank, as part of its corporate social responsibility, conducted a financial literacy training program aimed at enhancing students’ financial knowledge at Balcha Aba Nefso and Hidase Lideta Secondary Schools on 31 January 2026. The training focused on finance basics, digital banking services, saving as well as goal setting and following a disciplined path toward […]
Zemen Bank’s Total Assets Surpass ETB 100 Billion Paid-Up Capital Reaches ETB 14 Billion
During the first half of the 2018 Ethiopian Fiscal Year, Zemen Bank’s total assets have reachedETB 106 billion, while customer deposit has climbed to ETB 80 billion, reflecting the Bank’ssustained growth and the strong confidence of its customers, according to Ato Dereje Zebene,Chief Executive Officer of Zemen Bank. Ato Dereje stated that, Zemen Bank achieved […]
Zemen Bank First Half 2025/26 Performance Review Held on January 24
Zemen Bank’s performance review for the first half of the 2025/26 fiscal year was held on January 24th at the Skylight Hotel in Addis Ababa, with Ato Dereje Zebene, Chief Executive Officer, alongside Chief Officers, Directors, and Managers in attendance.
