BERHAN BANK S.C
Berhan Bank S.C was formed in accordance with Article 304 of the Commercial Code of Ethiopia with the objective of operating in the banking industry. This objective has been ensured in Article 3 of the Memorandum of Association of the Company. The Bank was registered and licensed by the National Bank of Ethiopia on 27 June 2009 with a paid up capital of Birr 95.7 Million divided in to shares of Birr 1,000 and an authorized capital of Birr 300 Million.
Having been registered and licensed by the National Bank of Ethiopia on 27th June, 2009, Berhan Bank S.C got its start its operation on October 3o, 2009. opening its first branch in Addis Ababa near Bole International Airport as ‘Berhan International Bank- Bole Branch’ .
With a branch network leapfrogging 222 as at February 2020, headquartered in Bole, Addis Ababa today, we operate in virtually all regional cities of Ethiopia and in their respective towns. Thanks to the dedication of our esteemed customers and over 4,000 employees of ours, we serve more than half a billion customers across the nation.
With our goal to make banking stress free and efficient, we kept one investing in technology and innovations that enable our customers to reach their goals as in saving, investment, business or managing money. In addition to serving our customers at our networked branches, we offer electronic banking services such as Debit Cards allowing customers to access their accounts at any ATM machine nationwide, introduce Mobile Banking, with a plan to introduce Internet Banking and Agent Banking in the near future.
Beyond local banking services, we have also partnered with international money transfer companies such as Western Union, Money Gram, Ria, Dahabshiil, Trans-Fast, Xpress Money, Taran Express and World Remit.
The Bank’s capital base has also kept on showing a steady growth. At the end of June 30th 2019, its paid up capital reached Birr 2 billion. Moreover, the number of shareholders has also significantly increased to over 14,879 making Berhan Bank among the leading private commercial bank with such massive public base.