Wegagen Bank
Wegagen Bank headquarter in hub of Addis Ababa | |
| Company type | Joint stock |
|---|---|
| Industry | Financial services |
| Founded | 11 June 1997 |
| Headquarters | Wegagen Bank Headquarters, Addis Ababa |
Key people |
|
| Products | Banking |
| Revenue | ETB 394 Million (2014) |
| Website | www |
Wegagen Bank SC (Amharic: ወጋገን ባንክ) is a private joint stock bank in Ethiopia that was incorporated in 1997. The bank provides retail banking services to individuals and businesses in Ethiopia.
As of 2016, according to its website, the capital of the bank reached 1.8 billion Birr. Its deposits in 2013–14 exceeded 16 billion birr. Wegagen Bank is a medium-sized bank with a network of 397 branches of which 144 are in Addis Ababa and the remaining 253 are located in other cities and towns of the country. To expand its service coverage, the bank keeps on opening additional branches both in Addis Ababa and regional towns.