Eshetu Fantaye, CEO of Ahadu Bank told Origins Business that the Bank has a plan to use agent banking services.
Ahadu Bank Share Company officially launched its operations on Saturday at its headquarters located in Flamingo area, Bole.
The Bank planned to open 50 branches in three months.
But, besides the formal branches expansion we’ll use close to 2500 agent banking service providers to expedite our services,” Eshetu said.
Meanwhile, Ahadu Bank disclosed that low productive farmers in rural areas are the target customers.