Zemen Bank was founded by 2,800 shareholders with a paid-up capital of 87,237,082 birr. The bank commenced operations in October 2008, aiming to bring a new level of innovation and dynamism to Ethiopia’s banking sector. It is registered as a share company under the provisions of the Licensing and Supervision of Banking Business Proclamation No. 84/94 and the Commercial Code of Ethiopia of 1960. Since its establishment, Zemen Bank has been committed to providing high-quality services to its customers, leveraging technology to enhance banking experiences.
