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The Bank Of Abyssinia ( Boa )

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1. Introduction
1.1 Company Background
A
ccording to the official website of the Bank of Abyssinia (BoA) (Abysinia, 2015) “the present-day Bank of Abyssinia was established on February 15, 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II) in accordance with 1960 Ethiopian commercial code and the Licensing and Supervision of Banking Business Proclamation No. 84/1994.” BOA established with 131 shareholders and 32 staffs. Besides to this the bank started its operation with 17.8 million paid up and 50 million authorized capital. (Abysinia, 2015)
1.2 Vision, Mission and Values

Vision

According to Bank of Abysinia annual report (Abysinia, 2014), As “Abysinia “ is the ancient name of our great nation and that was the pioneer bank of the land the vision of the bank of Abyssinia is (BOA) to live up to this legacy through continuous innovation and provision of world class banking service.

Mission

To provide a full-fledged domestic and international banking service through qualifies and motivated employees, utilization of modern technology and through socially and ecologically responsible practices as well as ensuring profitability and growth. (Abysinia, 2014)

Values

As per the 2013/2014 annual report (Abysinia, 2014) BoA guided by the following values Integrity, honesty , loyalty, Efficient customer service, Commitment, Equal employment opportunity, Employee satisfaction, Team Sprit, Good corporate Governance,

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