Hibret Bank has partnered with Kacha Digital Financial Services through a memorandum of understanding signed last week at the bank’s headquarters, with senior management from both institutions in attendance. officials say the partnership is expected to combine the bank’s infrastructure with fintech capabilities to improve services related to savings, credit access, and digital financial tools. Hibret Bank’s Chief Digital Banking Officer, Asrat Arega, said the collaboration is expected to support financial inclusion by promoting a savings culture and improving access to credit through technology. Kacha Digital Financial Services CEO Abreham Tilahun said partnerships between banks and fintech firms are becoming increasingly central to financial service delivery as the sector evolves.
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