Dashen Bank review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
Dashen Bank is an Ethiopian bank known for combined cards, mobile banking and transfer services. It places daily accounts, Sharia compliant banking and foreign exchange information together for people who manage money inside Ethiopia and across borders.
Key facts
- Best for
- Everyday Ethiopian banking with mobile access
- Currencies
- 12↗
- Transfer fee
- Intra-bank to own account free; to another customer account ETB 0-50 by amount; outgoing bank-to-bank transfer ETB 50↗
- Legal entity
- Dashen Bank S.C↗
- Headquarters
- Ethiopia↗
- Founded
- 1995↗
- Support channels
- Email, Phone, Help-centre↗
- Audience
- Expats, Travelers, Business, Students
- Official website
- dashenbanksc.com
Savings
Money transfer
- Delivery time
- Almost real time for cash pickup and Dashen account deposit↗
- Payout methods
- Bank, Cash-pickup, Wallet↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInXdashenbanksc.com
Pros and cons
Pros
- Provides debit cards for easy access to services across Ethiopia
- Operates mobile banking through Dashen Mobile Plus and Superapp options
- Offers Sharia compliant banking under the name SHARIK
- Publishes exchange information for major currencies against Ethiopian birr
Cons
- Centres everyday banking on Ethiopia rather than multiple countries
- Remote features depend on mobile dialling or app based access
- Card range focuses on merchant purchases and local access
Who it suits
- People managing everyday banking inside Ethiopia
- Customers seeking Sharia compliant banking options
- Senders and receivers of international transfers
Who should look elsewhere
- People seeking banking outside the Ethiopian market
How Dashen Bank compares
Where Dashen Bank is available
- Available
- Ethiopia
- Licence in Ethiopia
- National Bank of Ethiopia, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What everyday banking services does Dashen Bank cover?+
Dashen Bank covers debit cards, mobile banking and internet banking features for daily use. It also handles international money transfers and provides exchange information. Customers use cards, mobile services and transfer options for routine needs.
Which cards does Dashen Bank provide?+
Dashen Bank provides various debit cards that give easy access to services across Ethiopia. It also provides green and gold cards for purchases at merchant locations. The cards support routine spending and access to banking services.
Where does Dashen Bank operate?+
Dashen Bank operates as an Ethiopian bank with services available across Ethiopia. Its cards, mobile services and transfer options serve people inside the country. It also supports international transfers connected to Ethiopia.
What is SHARIK at Dashen Bank?+
SHARIK is the name for Dashen Bank Sharia compliant banking. It serves customers who prefer banking that follows Sharia principles. It sits alongside the bank wider everyday accounts, cards and mobile services.
Who runs Dashen Bank?+
Dashen Bank is an Ethiopian banking brand with Asfaw Alemu as chief executive. It presents itself as an established bank in the Ethiopian banking market. It also works with partners in the electronic payments industry.
Sources
- dashenbanksc.com checked September 26, 2026
Backs: Legal entity
“Copyright (c) 2026 Dashen Bank S.C”
- dashenbanksc.com/company-profile checked September 26, 2026
Backs: Founded, Headquarters, Licences
“Dashen Bank was founded by eleven visionary shareholders and veteran bankers with initial capital of Birr 14.9 million in September 1995”
- dashenbanksc.com/daily-exchange-rates checked September 26, 2026
Backs: Currencies
“Foreign Exchange Market Rates for Major Currencies Against Ethiopian BIRR (ETB) ... USD, GBP, AED, EUR, CHF, KES, ZAR, SEK, JPY, CAD, SAR, CNY”
- dashenbanksc.com/frequently-asked-questions checked September 26, 2026
Backs: Audience, Support channels
“Retail customers with frequent personal or business travel”
- dashenbanksc.com/how-to-transfer-money-from-abroad checked September 26, 2026
Backs: Delivery time, Payout methods
“our remittance business customer enjoys almost a real time transfer for cash pickup and deposit to account held with Dashen bank”
- dashenbanksc.com/saving-deposit checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Rate type
“Can be withdrawn with Cash, ATM, POS, Account to Account transfer, Debit Card, Standing instruction and internet and mobile transaction”
- dashenbanksc.com/terms-and-tariffs checked September 26, 2026
Backs: Headline rate, Transfer fee
“Deposit Account Interest Rate ... General Saving 7%”
Compiled from 7 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee.