Addis Ababa, Ethiopia
Wegagen Bank S.C was established on June 11, 1997. It came into being thanks to 16 visionary founding members who recognized the critical role that inancial institutions would play to create a sustainable economic development and raised an initial capital of Birr 30 million. As at June 30, 2015, the paid up capital of the Bank reached Birr 1.5 billion. The number of Shareholders is now 2,280.