Who We are

Tsedey Bank has a rich history within Ethiopia's financial landscape. Its roots trace back to 1995 when the Organization for Rehabilitation and Development Ethiopia (ORDA-Ethiopia) established it as a department focused on rural credit. In April 1997, it transformed into a licensed microfinance company named Amhara Credit & Savings Institution (ACSI). Starting small with 3 million birr and a team of 40, ACSI served the microfinance sector for a quarter-century. Finally, in January 2022, Tsedey Bank officially secured its banking license from the National Bank of Ethiopia. Today, Tsedey Bank is a major force, catering to over 14.3 million customers nationwide, with over 1.3 million actively using loan services. The bank's financial strength is evident in its total assets Birr 62.2 billion and capital surpassing Birr 13.5 billion. It ensures a rapidly growing national presence with a network exceeding 627 branches and a human capital exceeding 13,400 employees. Tsedey Bank offers a wide range of domestic and international services, all underpinned by exceptional customer service. Tsedey Bank further distinguishes itself by providing comprehensive Shariah-compliant, interest-free banking services named 'Arhibu'.

Tsedey Bank works in partnership with European Union- International Fund for Agricultural Development, United States Agency for International Development (USAID), Agriculture Transformation Institute (ATI) and Women Entrepreneurs Development Project (WEDP). Tsedey Bank distinguishes itself through its: Extensive network: With a broad presence in rural Ethiopia, Tsedey Bank is accessible to a vast and undeserved population. Significant lending portfolio: The bank caters to a large customer base, providing financial resources to over 1 million loan clients. Award-winning performance: Tsedey Bank's dedication to excellence is recognized by its distinction as the first Ethiopian financial institution to receive an African Bankers Award. Commitment to social responsibility: The bank prioritizes giving back to the community, fostering a well-deserved reputation for corporate social responsibility, and many more.

Our Mission

Greatly contributing to the socio-economic transformation of Ethiopia by providing modern, inclusive and efficient banking services using the best available systems and technologies and through the hard work and commitment of its highly competent staff.

Our Vision

To become the leading inclusive and transformative commercial bank in Ethiopia by the year 2030.

Core Value

  • Professionalism
  • Integrity
  • Service Excellence
  • Sense of Ownership
  • Inclusiveness

Currency Exchange

Tsedey Bank S.C Foreign Currency Exchange Rate as at

Currency

 Currency Code

Buying

Selling

US DOLLAR

USD

130.1978

132.8018

EURO

EUR

141.1084

143.9306

POUND STERLING

GBP

168.4370

171.8057

UAE DIRHAM

AED

35.4444

36.1533

SWISS FRANC

CHF

147.6166

150.5689

SWIDSH KRONER

SEK

12.7636

13.0189

NORWIGIAN KRONER

NOK

12.2062

12.4504

DANISH KRONER

DKK

19.9175

19.2959

DJIBOUTI FRANK

DJF

0.7292

0.7438

INDIAN RUPEE

INR

1.5069

1.5370

JAPANESE YEN

JPY

0.8767

0.8942

CANADIAN DOLAR

CAD

90.4906

92.3004

AUSTRAIAN DOLTAR

AUD

81.8163

83.4527

SAUDI RIYAL

SAR

34.7102

35.4044

SOUTH AFRICA RAND

ZAR

7.1431

7.2860

CHINESE YUAN

CNY

17.9757

18.3352

KUWAITI DINAR

KWD

422.5571

431.0083

KENYA SHILING 

KES

1.0042

1.0243

CASH

Currency

 Currency       Code

Buying

Selling

US DOLLAR

USD

130.1978

132.8018

EURO

EUR

141.1084

143.9306

POUND STERLING

GBP

168.4370

171.8057

UAE DIRHAM

AED

35.4444

36.1533

0 B ETB

Paid up Capital

0 +

Branches

0 B ETB

Asset

0 +

Employees

0 B ETB

Total Capital

0 +

Owned Buildings

0 B ETB

Deposit

0 +

Card Users

0 B ETB

Loan

0 +

Depositors

Product and Services

Deposit

Basic deposit services provided by Tsedey Bank are:

Demand deposit, Fixed Time deposit, Youth Saving Account, Women Saving Account, Child Trust Fund Account, Special Saving Accounts, and Accounts for Minors.

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Interest Free Banking

Tsedey Bank provides specialized Interest-Free Banking financing and saving products.

The bank has financing products with the brand names of: Murabah, Istisna, Salam, and Qerd

Saving products of the bank are: Wadiah/Safekeeping/Accounts, Unrestricted Mudarebah investment Accounts & Foreign Currency Deposit Accounts.

Our products and services are tailored to serve and fulfill the needs of our esteemed customers.

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Loan

Group loan, Individual loan, Asset loan, Micro and Small Enterprise loan, agricultural inputs loan and Technology Loans are basically mentioned among the common credit service loans.

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International Banking

Tsedey Bank Provides Import, Export and Foreign Bank guarantees ,remittance and foreign exchange services in its International banking offices.

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Corporate Social Responsibility

ፀደይ ባንክ የሁሉም ባንክ! ስንል ምን ማለታችን ነው?

•የባንክ አገልግሎት ላላገኙ የኅብረተሰብ ክፍሎች ቀድመን የደረስን ነን ማለታችን ነው!
•ሁሉንም ማሕበረሰብ በተግባር እያገለገልን ነው ማለታችን ነው!
•14 ሚሊዮን የሚደርሱ ደንበኞች ያሉን ሁሉንም አካታች ባንክ ነን ማለታችን ነው!
•ከ 1 ሚሊዮን በላይ ለሚሆኑ ደንበኞቻችን ብድር በመስጠት ከሚሊዮኖች ለሚሊዮኖች የተረፍን ባንክ ነን ማለታችን ነው!
•የቁጠባ ብቻ ሳይሆን የብድር ሥርጭታችንም ሁሉንም ያማከለ መሆኑን በተግባር ያሳየን ባንክ ነን ማለታችን ነው!
•በቡድን ብድር ለሚሊዮኖች ኑሮ መሻሻል ደማቅ ዐሻራ ያሳረፍን ነን ማለታችን ነው!
•የአገልግሎት አድማሳችንን በመላው ኢትዮጵያ በፍጥነት እያደረስን ያለን ባንክ ነን ማለታችን ነው!

•በአጠቃላይ ከእሴቶቻችን መካከል “አካታችነት” የሚለውን እሴታችን በተግባር የምንኖር ባንክ ነን ማለታችን ነው!

           

ፀደይ ባንክ! የሁሉም ባንክ!

Tsedey Bank! Bank for all!

 

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