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Dashen Bank has officially launched a secure valuable asset deposit service, offering its customers the ability to store high-value items—such as securities, gemstones, gold, precious metals, and important documents—in specialized safes and deposit boxes with top-tier security protocols.
The new service, introduced by Dashen’s Treasury Management Division, represents a significant step in the bank’s ongoing mission to provide innovative, customer-focused financial solutions. During the announcement, Mr. Andualem Beliko, Director of Treasury Management at Dashen Bank, highlighted that the service was developed in response to specific requests from clients—especially those operating in the mining and trade sectors, where handling and securing high-value assets is a routine necessity.
“This valuable asset deposit service is equipped with advanced, internationally recognized security technologies,” Mr. Andualem explained. “It ensures that our customers can store their assets with complete peace of mind. From passports and marriage certificates to gold bars and gemstones, customers now have a trusted place to keep their most valuable possessions.”
The deposit service offers a range of box sizes to suit varying customer needs and asset volumes. Whether for personal use or institutional purposes, customers can select the size and type of safe deposit box that meets their requirements. Access to this service is available through select Dashen Bank branches and regional offices, with registration and verification processed at the bank’s head office. Customers utilizing this service will be issued a unique ID card that allows controlled and secure access.
Beyond enhancing customer convenience and asset protection, Mr. Andualem noted that the service is expected to contribute positively to the bank’s revenue through annual rental fees, while simultaneously helping the bank reach new customer segments. “However,” he emphasized, “the true value lies in reinforcing our promise: to be a reliable custodian of our clients’ trust and property.”
Dashen Bank is no stranger to innovation. It has previously led the market by launching digital platforms like the SuperApp, positioning itself as a pioneer in Ethiopia’s rapidly modernizing banking industry. This new asset deposit service aligns with its broader strategy to expand service offerings while prioritizing safety, efficiency, and personalization.
The bank has called on individuals and businesses across Ethiopia to take advantage of the new offering. As economic activity expands and the need for asset protection becomes more urgent, Dashen Bank’s move is timely and strategically important.
Looking ahead, the bank has announced its intention to roll out additional high-value services in the near future, aimed at meeting the evolving needs of its increasingly diverse and security-conscious clientele.
