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CEO of Tsehay Bank, Yared Mesfin, and CEO of Dynamic Micro Finance, Bewketu Alamrew signed the agreement on 15 September 2023 at the Headquarters of the Bank in Addis Ababa.
The agreement will allow Tsehay Bank to reach out to sections of the public engaged in agriculture and in micro and small-scale businesses.
“Tsehay Bank will be able to provide digital banking, agent banking, and financial services to different sections of the society through Dynamic Micro Finance” CEO of Tsehay Bank, Yared Mesfin said.
Dynamic Micro Finance Institution has opened thirty branches in Addis Ababa, Amhara and Oromia regions primarily reaching out to people engaged in Agriculture and Micro and Small-Scale Businesses.
“Our Institution is jointly working with Tsehay Bank S.C. and has created networking with 18 branches of the Bank so far” CEO of Dynamic Micro Finance, Bewketu Alamrew noted.
The agreement is believed to strengthen collaboration between the two companies thereby helping increase the deposit and customer base of the Bank.
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