Dashen Bank, CR2 Extend Digitalisation Partnership Deal

Feb 5 , 2022

Dashen Bank and CR2, an Irish-owned banking software provider, have extended a partnership deal that would see the Bank move to digitalise its branch network. Dubbed the 'Branch Transformation Programme,' the overhaul will include phasing out traditional teller services in favour of digital points of access such as ATMs and in-branch self-service terminals. The two firms have a history of working together, with Dashen having chosen CR2's BankWorld digital banking platform to provide services to its digital banking customers and the 3.5 million users on its Amole digital wallet. Dashen Bank mobilised 74.6 billion Br in deposits last year through a branch network of 454, 30 of which were newly-opened. The Bank netted 1.73 billion Br in profits last year, recording a 12pc growth.



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Pedestrian walkways around Addis Abeba are growing smaller by the day, competing to gain a foothold in the public spaces. The city, which prides itself as Africa's political and diplomatic capital, becomes a showcase of contrast. Beauty and affluence wrestle destitution and poverty to claim space. Vendors have displayed their second-hand outfits, shoes and luggage for sale on a roundabout in front of the Ministry of Education, up at the Arat Kilo area...



Retired city buses were once converted to bakery outlets retailing bread supplied by ‘Sheger Bakery' during their twilight zone. The city administration had used Anbessa City buses as its retail shops before formal outlets replaced them. Sheger Bakery, touted as the largest bakery and flour factory with the potential of baking two million loaves of bread daily, was to cater for millions of people in Addis Abeba with a subsidized bread supply but failed to live up to expectations. The old city...