Wegagen Bank S.C. was established on June 11, 1997. It came to life as a result of the entrepreneurial wit of sixteen founding members who recognized the critical role that financial institutions would play towards creating sustained economic development and were able to put in an initial paid-in capital of Birr 30 million. As of June 2023, Wegagen Bank proudly possesses a paid-up capital of Birr 4 billion, while its total capital has surged to an impressive Birr 6.9 billion. Furthermore, the Bank's total assets have soared to Birr 53.5 billion, cementing our position as a significant player in the financial landscape.