IFC Recognizes Dashen Bank for International Trade Finance

Dashen Bank announced recognition from the International Finance Corporation (IFC), a member of the World Bank Group, for its international trade finance services.

The bank revealed that the award was presented during the 8th International Conference of the IFC held in Barcelona, Spain.

Furthermore, Dashen Bank signed an agreement with the IFC to strengthen its capacity to provide financial services to micro, small, and medium enterprises (MSMEs) in Ethiopia. This collaboration aims to improve access to finance for Ethiopian MSMEs. The agreement is also anticipated to benefit nvestors in the agricultural sector, with a particular focus on women-led businesses.

The agreement signing, held in Kigali, Rwanda, was attended by Dashen Bank’s CEO, Mr. Asfaw Alemu. The partnership specifically focuses on bolstering Dashen Bank’s ability to promote financial access and inclusion.

Source: Sheger FM 102.1

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