Dashen Bank and Visa Sign Five-Year Strategic Partnership Agreement

Dashen Bank, a pioneer in modernizing digital banking services in Ethiopia, and Visa, a globally recognized leader in digital payments, signed a five-year strategic partnership agreement today at Dashen Bank’s Headquarters.

The agreement was signed by Asfaw Alemu, Chief Executive Officer of Dashen Bank, and Yared Woldesenbet, Visa Eastern Africa Cluster Head and Country Manager for Ethiopia.

Speaking at the signing ceremony, Asfaw stated that Dashen Bank has been a pioneer among private banks in Ethiopia in introducing card-based payment systems and providing Visa card services. He noted that Dashen Bank became the first Visa payment card service provider in the country, marking a significant milestone in Ethiopia’s digital payments history through its collaboration with the global Visa network.

For his part, Yared said that Dashen Bank and Visa are brands with a long-standing history of collaboration and reaffirmed Visa’s readiness to leverage its full range of capabilities and expertise to support Dashen Bank and contribute to its continued growth and advancement.