Author - ABA

Tsedey Bank evaluates its nine months performance.

Tsedey Bank S.C evaluated its nine months performance of the 2022/2023 FY. In the discussion held at Bahir Dar from April 19-20/ 2023, district managers have presented their performances briefly. The CEO of the bank, Ato Mekonnen Yelewmwesen, noted that the bank’s overall performance is in a good position and much endeavor is needed to uplift the performance beyond the target.  Everyone in the bank has to exert his/her maximum effort in resource mobilization and look at beyond the horizon so that...

Tsedey Bank opens correspondent account with CAC bank

Tsedey Bank started correspondent banking relationship and opened USD account with CAC International bank of Djibouti. The account will be used for all incoming and outgoing transfers from Djibouti. The below account details for SWIFT customer MT 103 transfers. : 54: Receiver’s Correspondent (Bank)           Bank Name: CAC INTERNATIONAL BANK            Bank Address: Djibouti            Bank SWIFT BIC: CACDDJJDXXX : 57:  Account with Institution           Account Number: 1003620018            Bank Name: TSEDEY BANK S.C                                    ADDIS ABABA, ETHIOPIA            SWIFT CODE: TSDYETAA : 59: Beneficiary            A/C NO:             Name:

Tsedey Bank aggressively expands its branches

Tsedey Bank, the bank that joined the industry with a huge paid-up capital, is aggressively expanding its branches. The bank has opened its 549th branch this week. Tsedey Bank, the bank for all, has planned to increase its branches to 572 in this fiscal year. The bank’s capital has reached 12 billion birr. It has also more than 12,000 depositors and 1.5 million loan customers.

Tsedey Bank Athletic Club Impressively Wins in Different Categories

Tsedey Bank Athletics Club, which participated in the Amhara Region Youth Athletics Championship, finished the competition on top, wining many medals and trophies. The championship was held from January 15-19, 2023 in Bahir Dar and the club has won 13 gold, 15 silver, and 18 bronze medals in 20 categories. The club, as the winner in overall results, took the three trophies prepared for the competition. With this impressive success, Tsedey Bank Athletics Club completed competition on the top. The manager of the...

Amdework Walelegn Tadese of Tsedey Bank Wines the 2023 Seoul International Marathon

Amdework Walelegn Tadese, Tsedey Bank’s athlete won the men’s race at the 2023 Seoul International Marathon. According World Athletics, he won the race crossing the finish line of the World Athletics Platinum Label road race clocking a personal best time of 2:05:27 and pocketed the first prize of USD 80,000. The 58th edition of the Seoul International Marathon, a World Athletics Platinum Label Road Race, was held on Sunday, March 19. Tsedey Bank, the bank for all, is playing a tremendously significant role...