This study aimed to examine factors that affect electronic banking implementation evidence from private commercial banks Bahir Dar city branches and to forward some possible recommendations to the concerned organs for solving the problems identified by this study. Post positivist knowledge claim is followed and survey strategy of enquiry is used. The data used in this study were mainly primary and cross sectional survey method was used in data gathering from respondents by using questionnaire. The study incorporates environmental factors, technological factors, organizational factors and strategic factors as independent variable and electronic banking implementation as dependent variable. Descriptive statistics and multiple linear regressions are used for analysis. Assumptions are tested to check the appropriateness of multiple linear regressions for analysis. The hypotheses that were developed have been tested based on the result of inferential statistics. From the four factors used the regression result showed that environmental factors, technological factors and strategic factors affect e-banking implementation positively and statistically significant. Contrary to the hypothesis, organizational factors has been found affecting e-banking implementation positively but statistically insignificant. The study recommended that, the private bank executives strive to improve the e-banking facilities, the outlines and improve the condition of employee’s competency on the ground of e-banking to maximize the return. Finally, the inclusion of additional variables like commitment of government, level of literacy and infrastructures might be potential extension of the present research.