Rammis Bank has launched its mobile banking application and card services as part of its digital expansion drive. The "Rammis Mobile App" was officially introduced during a launch event held on Saturday at the Grand Eliana Hotel. The app allows users to transfer funds at any time, pay bills, top up mobile airtime, and send money to telebirr wallets for themselves or others. The newly introduced card service enables customers to withdraw cash from any ATM and make payments via Point of Sale (POS) terminals, including those in retail stores. Bank officials underscored that digital technology is central to Rammis Bank’s operations and said the rollout marks the beginning of broader efforts to enhance access to financial services. Founded on 4 October 2022, Rammis Bank operates under a fully interest-free banking model. It aims to become a leading provider of Sharia-compliant financial services in East Africa. The bank has a subscribed capital of 2.4 billion Br and a paid-up capital of 747 million Br, contributed by over 8,200 shareholders.
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