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Dashen Bank Receives Award as Best Bank in Financial Inclusiveness in East Africa

Dashen Bank proudly receives award for Best Bank in Micro-Lending at the 2024 Africa Bank 4.0 Summit, held in Nairobi, Kenya.

This recognition highlights Dashen Bank’s unwavering commitment to inclusive financial services, achieved through strategic collaborations with Ethio-Telecom, EagleLion System Technologies, and Ethiopian Airlines.

Asfaw Alemu, CEO of Dashen Bank, expressed heartfelt gratitude, stating, β€œThis award is a powerful encouragement for us to continue excelling in our services. It stands as a testament to our relentless efforts towards ensuring financial inclusion. We extend our deepest thanks to all our partners who made this achievement possible.”

The Africa Bank 4.0 Summit, renowned for honoring excellence in banking services and technologies, celebrated numerous institutions and individuals this year across various categories.

Dashen Bank’s innovative micro-lending services, developed in partnership with Ethio-Telecom, have significantly empowered individuals across diverse sectors in Ethiopia.

The ground-breaking Dube-Ale service, a buy-now-pay-later scheme introduced with EagleLion System Technologies, and the Fly-Now-Pay-Later scheme, launched in collaboration with Ethiopian Airlines, have provided Dashen Bank’s customers with the convenience to access services, purchase essential goods, and travel globally with deferred payments.

Beyond this accolade, Dashen Bank’s customer-centric approach has garnered international acclaim. Recently, the International Finance Corporation (IFC), part of the World Bank Group, honored Dashen Bank with the award for Outstanding Global Trade Finance Program Issuing Bank. Additionally, Dashen Bank received recognition for its Interest-Free Banking (Sharik) service, underscoring its commitment to innovative and inclusive financial solutions.

With gratitude and pride, Dashen Bank continues to lead the way in transforming financial services, making a positive impact on communities and customers alike.