Zemen Bank, a publicly owned Ethiopian lender, raised its deposit rate to 5.5 percent on balances above 25,000 Ethiopian birr ($1,500), according to an e-mailed statement today. The announcement ...

The extension of services at Zemen Bank includes a generous selection of functionalities which will be available to both corporate and retail customers. Zemen Bank clients nationwide will be ...

24 March 2015 CR2 are delighted to announce that Zemen Bank, the leading digital bank in Ethiopia, has selected CR2's BankWorld to ensure the further delivery of innovative self-service banking to its ...

The Bank will take a commission each time a card is loaded. Zemen is also starting a new savings programme with a seven per cent interest rate for long-term deposits of at least 500,000 Br.