Wednesday, June 24, 2026

Dashen Bank to construct new building behind HQ

Dashen Bank has secured a plot from the city administration to construct a 30 +-storey building behind their current headquarters.
Dashen announced the confirmation from the Addis Ababa City Administration to obtain the 900 square meter plot of land to add another building in front of National Bank of Ethiopia.
In November 2017 the bank inaugurated its 21-story headquarters in the presence of Mulatu Teshome former President of Ethiopia.
Eyerusalem Gebrewold Architect at the Engineering Department of Dashen Bank, told Capital that the current headquarters built up area is 2,700 square meters, while the total area is 4,200 square meters. She said that the bank has a few plots in the back that will be included under the additional 900 square meters that the city administration transferred for further development.
During the inauguration ceremony of Sheik Mohammed Al Amoudi branch that was opened on the first floor at headquarters of the bank, Asfaw Alemu, President of Dashen Bank thanked the Deputy Mayor of Addis Ababa Takele Uma, who was a guest of honor at the ceremony, for accepting their request to include the land for the bank expansion project.
Asfaw told the media that as soon as the bank secures the land deed it will commence the expansion project.
The bank wants to expand its parking plot in the area, which is one of the major challenges and expand the office facilities at the headquarters. The current building has basement parking lots for 120 cars but it needs expansion, according to Asfaw.
Eyerusalem said that the bank will invite bids for design details in the near future. She said that the new upcoming building will have four floors of parking and add additional parking areas in the existing building.
The new branch, inaugurated on September 5 with the presence of the Deputy Mayor is designed to be customer centric and contains dedicated desks for people with disabilities, senior citizens, foreign investors and expats, interest free banking, corporate service, and micro, small and medium enterprises, among others. Further the branch contains modern facilities and strives to deliver fast and reliable service with its experienced staff.

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