Dashen Bank Recognized by IFC for Exceptional Global Trade Finance Program

Dashen Bank has been honored by the International Finance Corporation (IFC), a division of the World Bank Group, for its outstanding global trade finance program. The IFC, during its 8th meeting held in Barcelona, Spain, officially announced Dashen Bank as the recipient of this prestigious accolade.

Furthermore, Dashen Bank has solidified its partnership with the IFC through a newly established agreement, which aims to enhance the bank’s capacity to provide financing to micro, small, and medium enterprises (MSMEs) in Ethiopia. The agreement, signed by Dashen Bank’s Chief Executive Officer, Asfaw Alemu, in Kigali, Rwanda, is set to serve as a catalyst for supporting women-owned MSMEs and agri-businesses across diverse regions of Ethiopia.

Eden Teshome

Editor-in-Chief of Ethiopian Business Review (EBR). She can be reached at

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