Bunna Bank Introduces New Look

Mar 19 , 2022


[ssba-buttons]

Bunna Bank has refurbished the logo and brand it has been utilising since its incorporation in 2009. Berry Advertising, a local marketing company incorporated in 2012 with 2.4 million Br in capital raised from three shareholders, carried out the rebranding for the Bank. Berry has previously completed similar work for government institutions, beverage companies and banks. Bunna Bank has raised its paid-up capital to over 3.2 billion Br in its 13 years of operation. It serves 1.8 million clients through a branch network of 333. The Bank registered 670.5 million Br in profits last year, a 52pc growth. Its assets have ballooned to nearly 26 billion Br, 37.6pc higher than what it recorded at the end of 2019/20.


Radar

Bank of Abyssinia Signs Partnership with Droga Cooperative

Bank of Abyssinia has entered into a partnership agreement with Droga Health & Financial Savings and Credit Cooperative to provide financial support and services for its members. The agreement was signed yesterday at the Bank's headquarters. The deal aims to strengthen collaboration between the two institutions, enabling cooperative members to access tailored banking services. It was signed by Wosenyeleh Abera, Deputy CEO for Customer Relations and Marketing at the bank, and Zelalem Yilma...


Radar

Wegagen Introduces Real Time SWIFT Tracking

Wegagen Bank has launched a new mobile app feature enabling customers to track international SWIFT payments in real time. The bank is the first in Ethiopia to introduce an online SWIFT payment tracking system. By integrating SWIFT Global Payment Innovation, customers, particularly those involved in import-export trade, can monitor cross-border transactions using a Unique End-to-End Transaction Reference (UETR) directly from their smartphones. To use the service, customers select the SWIFT...


Radar

National ID, Zambia Partners to Expands Program Reach

The National ID Program has signed an agreement with Zambia's counterpart to provide consulting services for the development of software that will issue digital IDs. It is the first time the institution has extended its expertise beyond national borders, a sign of growing recognition for its rapid progress. Program officials described the partnership as a milestone in their effort to position themselves as a regional player in digital transformation. The collaboration is expected to center...