Awash Bank Flows Steady against Industry Currents

Central to its recent success is a substantial increase in paid-up capital, which rose by 38.6pc to 20.33 billion Br. This comfortably exceeds generational peers like Dashen Bank's 12 billion Br and Bank of Abyssinia's 14.2 billion Br. Observers took note when Awash Bank’s capital adequacy ratio climbed two percentage points from the previous year to 16.2pc. Capital and non-distributable reserves also grew by 32.5pc to 29.3 billion Br, reinforcing the Bank’s capital foundation.