Abyssinia Bank Launches Paperless Banking Service Across All Branches

Date:

Share post:

Abyssinia Bank has officially launched its new paperless banking service at its newly established Ras Special Branch. The inauguration was attended by the Governor of the National Bank of Ethiopia, Ato Mamo Mehret, the CEO of Abyssinia Bank, Ato Bekalu Zeleke, along with senior executives, employees, and invited guests.

This new system allows customers to transfer funds, deposit and withdraw cash, open accounts, and access other branch services quickly and securely—either independently or with assistance from bank staff.

The service utilizes smart kiosks and tablets, along with fingerprint and facial recognition technologies, significantly enhancing the bank’s service delivery by eliminating time-consuming procedures and making operations faster, more reliable, and more transparent.

Additionally, cash recyclers and bulk deposit machines have been installed at selected branches to provide customers with quick, queue-free service. These machines will be rolled out to all branches in the near future.

The service is available in multiple national languages—Amharic, Afan Oromo, Somali, Tigrinya, Afar, Sidama—as well as English. It is designed to be user-friendly, inclusive, and accessible to all customers, regardless of age, education level, or technological proficiency.

Addis Insight
Addis Insighthttps://www.addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

From Personal Struggle to Regional Powerhouse: How Oscar Jobs is Digitizing Employment in Ethiopia

In 2004, while navigating the halls of Gondar University, Haftom Hailu Hagos faced a harsh reality: despite his...

IMF Completes Fifth Ethiopia Review, Unlocks $464 Million in Immediate Funding

ADDIS ABABA, Ethiopia — The International Monetary Fund (IMF) has officially completed its fifth review of Ethiopia’s Extended...

Reclaiming Peace of Mind: How Guaz Movers is Digitizing the Stress Out of Moving in Addis Ababa

Moving should be an exciting milestone—a step toward a new home, a new office, or a new chapter....

Prof. Jelani Nelson Takes Leave from UC Berkeley to Join AI Giant Anthropic

SAN FRANCISCO, CA — In the latest high-profile migration from elite academia to the frontlines of commercial artificial...