Shirshir Addis Business Group and Anbessa International Bank tie to leverage each other’s business

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Shirshir Addis Business Group and Anbessa International Bank agreed to work together in financial and investment activities by sharing knowledge and skills. Analysts opine that it would lead to a win-win situation for both stakeholders

Shirshir Addis Business Group and Anbessa International Bank agreed to work together in financial and investment activities by sharing knowledge and skills. Analysts opine that it would lead to a win-win situation for both stakeholders.

Shirshir Addis is a sister company of Arif Pay Financial Technologies, which has a good footprint in the fintech domain. Shirshir exports coffee and sesame. The company is also finalizing preparations to export cattle from its ranch in Gambella Regional State. It is also an importer of cooking oil, textiles, canned foods, and vehicles. Shirshir established a transport service provider company in 2019.

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Anbessa Bank, on the other hand, was established in 2006 with a subscribed capital of Birr 432 million and a paid-up capital of Birr 108.2 million. Its current paid-up capital is Birr 2.6 billion and it has 280 branches nationwide.