Lion International Bank was established on October 2, 2006, by a group of 3,739 shareholders under Proclamation No. 84/94 of the Ethiopian Commercial Code. The bank began operations on January 6, 2007. As of October 2024, the number of shareholders has increased to over 12,855, with a paid-up capital exceeding 3.05 billion birr and total assets amounting to 41.8 billion birr. Daniel Tekeste has served as the president of the bank since 2022.