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Abay Bank - About the company

Abay Bank is an unfunded company based in Addis Ababa (Ethiopia), founded in 2010. It operates as a Bank providing personal, diaspora, business, SME, premium, institutional, and international banking services. Abay Bank has not raised any funding yet. The company has 26 active competitors, including 2 that have exited. Its top competitors include companies like Scotiabank, Commercial Bank of Ethiopia and Bank of Abyssinia.

Company Details

Bank providing personal, diaspora, business, SME, premium, institutional, and international banking services. It offers savings loans, advances, and various digital banking options, including mobile, online, and card services. The bank facilitates money transfers through partnerships and provides foreign currency accounts and exchange rate services. It also supports various e-channels like ATM and POS for customer convenience.
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Email ID
*****@abaybank.com
Phone Number
+251 **********
Key Metrics
Founded Year
2010
Location
Addis Ababa, Ethiopia
Stage
Unfunded
Ranked
Employee Count
1,366 as on Jun 30, 2026
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Abay Bank's funding and investors

Abay Bank has not raised any funding rounds yet.

Abay Bank's founders and board of directors

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Abay Bank's employee count trend

Abay Bank has 1,366 employees as of Jun 26. Here is Abay Bank's employee count trend over the years:
Employee count trend for Abay Bank
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Abay Bank's Competitors and alternates

Top competitors of Abay Bank include Scotiabank, Commercial Bank of Ethiopia and Bank of Abyssinia. Here is the list of Top 10 competitors of Abay Bank, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scotiabank
Scotiabank
1832, Toronto (Canada), Public
Commercial bank
-
75/100
2nd
Logo for Commercial Bank of Ethiopia
Commercial Bank of Ethiopia
1942, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
54/100
3rd
Logo for Bank of Abyssinia
Bank of Abyssinia
1996, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
53/100
4th
Logo for Zemen Bank
Zemen Bank
2007, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
45/100
5th
Logo for Dashen Bank
Dashen Bank
1995, Addis Ababa (Ethiopia), Funding Raised
Commercial bank
-
45/100
6th
Logo for Awash Bank
Awash Bank
1995, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
43/100
7th
Logo for Nib International Bank
Nib International Bank
1999, Addis Ababa (Ethiopia), Unfunded
Retail bank
-
-
42/100
8th
Logo for Amhara Bank
Amhara Bank
2022, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
41/100
9th
Logo for Berhan International Bank
Berhan International Bank
2009, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
40/100
10th
Logo for Oromia International Bank
Oromia International Bank
2008, Addis Ababa (Ethiopia), Unfunded
Commercial bank
-
-
38/100
12th
Logo for Abay Bank
Abay Bank
2010, Addis Ababa (Ethiopia), Unfunded
Bank providing personal, diaspora, business, SME, premium, institutional, and international banking services
-
-
35/100
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Abay Bank's Investments and acquisitions

Abay Bank has made no investments or acquisitions yet.

Reports related to Abay Bank

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News related to Abay Bank

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