Yefazilet Lijoch Episode 89 dubbed Amharic

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Published Sep 23, 2022

Sinke Bank introduced its new brand, announcing the launch of full banking services.

Sinke Bank held a special program to announce the launch of complete banking services and officially inaugurate the new brand/account in the presence of senior government officials and notable personalities.

The bank announced today that it has completed the preparatory work to become a competitive and strong bank in a short period of time and has started providing complete banking services.

In the speech given by the president of the bank, Newai Megersa, Sinke Bank has become one of the country's pioneer banks by developing from microfinance to a bank. The President thanked the Oromia National Regional Government and stakeholders for their support to help the bank reach this level.

The bank has completed a number of projects ranging from institutional restructuring to rebranding.

The president said that the bank was able to move to a new phase of providing modern and digital services by implementing a completely advanced core banking system within 6 months.

Further, it is known that it is ready to provide mobile internet and internet services by completing the preliminary preparation to provide digital banking on one platform.

Chairman of the bank's board of directors Mr. Tolosa Gedafa said that he joined the banking industry with a registered capital of 15 billion birr and a paid-up capital of more than 7 billion birr.

He said that 16 billion Birr has been distributed to the economy in the form of loans and the number of loan service users has reached more than one million.

It has been stated that 250 of the bank's 405 branches have been licensed to provide banking services.

It is said that the bank's brand will play a significant role in achieving the bank's mission and ensuring its competitiveness.

It has been announced that Sinke Bank has joined the banking sector with the principle of achieving success together.

It is also stated that this indicates a reflection taken from the Geda system.

(Amico)