Awash Bank unveils new Financial Technology

Awash Bank in partnership with Amref Health Africa has unveiled a new financial technology to modernize savings and credit services.
The technology named Saccos Business Solution, will provide basic and intermediate banking services and will also play an important role in accelerating credit and savings services of various unions, strengthening their accessibility and making the sector competitive, said Mr. Henok Tessema, Senior Chief of Retail and SME Banking on the program.
The technology announced by the bank offers free loans and savings to youth development projects and will provide membership management and registration, share and profit debt management services and other services.

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