Wegagen Bank, S.C. – Dessie, Ethiopia

Wegagen Bank S.C. is rending full-fledged competitive banking services with a network of 47 branches (additional 5 on pipeline for opening) and 96 correspondent banks.The number of shareholders has now reached 1247, with a total capital of Birr 654 million,while total deposits and loans stood at birr 3.7 billion and 2.4 billion respectively(end of May 2009).The bank is on a great stride to implement card payment system and upgrade its core banking solution.