Dashen Bank has announced the completion of a 1.2 million dollar project with IBM, the technology multinational, to modernise its cloud integration architecture. The implementation allows the Bank to expand its digital channels and improve compatibility with financial technology platforms. It is the latest development in Dashen's digitalization drive. A couple of months ago, the Bank rolled out a new data centre that cost nearly a quarter of a billion Birr to set up. Under the management of Asfaw Alemu, Dashen Bank is among industry pioneers in digital banking services. The subscriber base for Amole, Dashen's digital payments platform, was close to 2.4 million by the end of the last financial year. It operates 403 ATMs and 1,340 points of sale (POS) terminals.
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