DashenBank Archives - Ethio Negari

28 Dec

Ethiopian, Dashen Bank Launch ’Fly Now Pay Later’ Service Package

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, DashenBank, EthioNegari, Ethiopia, EthiopiaAirlines, Ethiopianews

 The service allows passengers to fly without paying upfront  Ethiopian integrated the new Dashen Credit service to its Mobile app Dashen Bank and the Ethiopian Airlines Group have jointly launched an innovative service package dubbed 'Fly Now Pay Later'. This new technological innovation offers unprecedented flexibility and convenience for travelers allowing them to experience the unique opportunity to fly first and make payment at a later date. This pioneering move will redefine the travel experience. The impact of technology in the travel industry is not only limited to registering business growth and profitability, but more importantly, it enhances…

26 Oct

Dashen Bank earns 5 billion birr profit in a year

ethionegari@gmail.com0 CommentsBusiness, NewsAddisAbaba, DashenBank, EthioNegari, Ethiopia, Ethiopianews

Dashen Bank, which is holding its 30th regular meeting in Addis Ababa, has earned five billion birr annual profit. The chairman of the bank's board, Mr. Dula Mekonen, said that the bank had a total income of 18 billion birr in the last 12 months. Also, in the same year, the bank collected 23.6 billion birr in deposits and the total deposits have increased to 115 billion birr. The bank's total assets reached 145 billion birr, announced to the shareholders at the meeting. The total capital of Dashen Bank is 19.3 billion birr and the amount of paid-up capital is…

30 May

City’s mayor guard abducted a bank clerk in Ethiopia

ethionegari@gmail.com0 CommentsBusiness, News, Politicsabduction, AddisAbaba, Crime, DashenBank, EthioNegari, Ethiopia, Hawassa, Tsegabelachew, Womenrights

Dashan Bank Hawasa Branch clerk, Tsega Belachew, was kidnapped by Hawasa city mayor's guard. The incident in Hawasa city, the capital of Sidama and Southern Ethiopia region, has shocked many people. It has been more than a week since the bank clerk was abducted by Hawassa City Mayor Tsagaye Tuke's bodyguard, Addis Maleda reported. According to the victim's family, the private perpetrator had studied marriage lessons with her future spouse according to church norms, and they were setting a date for marriage and completing the furniture. However, the suspect, who is wanted by the police for allegedly assaulting her, has…

11 Jan

Dashen Bank introduces “Dube Ale” a new Buy-Now Pay Later product

ethionegari@gmail.com0 CommentsBusiness, NewsBankinginEthiopia, DashenBank, Dubeale, EthioNegari, Ethiopia

Addis Ababa:- Dashen bank, one of Ethiopia’s pioneering private banks, introduced “Dube Ale,” a digital credit service that allows users to purchase goods and services on credit. The Bank, in collaboration with Eaglelion Technology Plc, officially launched the service at the Sheraton Addis Hotel on January 10/2023. The new offer gives the consumers the ability to pay back in three-month, six-month, or a year increments, the scheme will boost economic activity by allowing them to purchase products and services they require without having to pay cash in hand. Customers can use the service by downloading the “Dube Ale” app from…

06 Aug

Ethio Telecom Partners Dashen Bank to Start Digital Financial Services

ethionegari@gmail.com0 CommentsNewsAddisAbaba, DashenBank, Ethio telecom, EthioNegari, Ethiopia

Ethio Telecom has launched a Telebirr-based Digital Financial service, aiming to serve the unbanked and financially underserved segment of society. The company launched the digital financial services a few days after acquiring a permit from the National Bank of Ethiopia (NBE). The company has partnered with Dashen Bank, one of the top private banks in Ethiopia, to start providing the digital financial services in the country. Due to goal alignment with Dashen bank, officials of the telco said the two companies entered into an agreement to provide “easy and convenient digital financial services to the financially underserved and unserved segment…