cbe

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CHF
61.7733
63.0088
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935
,
DKK
7.6177
7.7701
,
DJF
,
JPY
0.3318
0.3384
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
35.0416
35.7424
,
SDR
,
ZAR
,
CNY
7.1607
7.3039
,
KWD
179.4572
183.0463

awash

USD
57.4395
58.5883
,
EUR
62.7929
64.0488
,
GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
CAD
38.0352
38.7959

abyssinia

GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
EUR
62.7929
64.0488
,
USD
57.4395
58.5883
,
CAD
38.0352
38.7959
,
AED
14.1523
14.4353
,
SAR
13.8591
14.1363
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935

abay

USD
55.8018
56.9178
,
EUR
60.0874
61.2891
,
GBP
70.1819
71.5855
,
CHF
63.3607
64.6279
,
AUD
36.5948
37.3267
,
AED
15.1953
15.4992
,
CNY
7.775
7.9305
,
DKK
8.059
8.2202
,
DJF
0.3125
0.3188
,
INR
0.6691
0.6825
,
JPY
0.3816
0.3892
,
KES
0.3636
0.3709
,
NOK
5.1001
5.2021
,
SAR
14.8773
15.1748
,
ZAR
2.919
2.9774
,
SEK
5.3255
5.432
,
SDR
74.1829
75.6666

zemen

CAD
42.1542
42.9973
,
EUR
62.5113
63.7615
,
GBP
74.3797
75.8673
,
SEK
5.4388
5.5476
,
USD
57.4183
58.5667

buna

nib

GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CHF
61.7733
63.0088
,
USD
57.4395
58.5883
,
CAD
38.0352
38.7959
,
AED
14.1523
14.4353
,
SAR
13.8591
14.1363

berhan

wegagen

USD
57.212
58.3562
,
GBP
69.2475
70.6325
,
EURO
61.1024
62.3244
,
CAD
37.593
38.3449
,
AUD
34.1883
34.8721
,
CHF
61.2047
62.4288
,
SEK
4.901
4.999
,
NOK
4.8468
4.9437
,
DKK
7.4131
7.5614
,
DJF
0.2862
0.3268
,
INR
0.6848
0.6985
,
KSH
0.4418
0.4506
,
JPY
0.329
0.3356
,
SAR
13.7998
14.0758
,
AED
14.0958
14.3777
,
ZAR
3.1723
3.2357
,
CNY
7.1366
7.2793
,
KWD
178.0416
181.6024

dgb

USD
57.3597
58.5069
,
GBP
72.864
74.3213
,
EUR
61.7248
62.9593
,
CHF
63.4931
64.763
,
CAD
41.9265
42.765

enat

USD
57.2406
58.3854
,
GBP
72.5868
74.0385
,
CHF
64.4819
65.7715
,
SEK
5.1879
5.2917
,
NOK
5.1733
5.2768
,
DKK
8.1014
8.2634
,
KES
0.4271
0.4356
,
JPY
0.3673
0.3746
,
DJF
0.3181
0.3245
,
CAD
41.1312
41.9538
,
AUD
36.4897
37.2195
,
SAR
15.1424
15.4452
,
AED
15.5162
15.8261
,
ZAR
2.9861
3.0458
,
CNY
7.846
8.0029

addis

nbe

USD
57.4395
58.0139
,
GBP
74.8264
74.8552
,
CHF
64.6841
64.7133
,
SEK
5.4614
5.4629
,
NOK
5.3461
5.3473
,
DKK
8.4174
8.418
,
DJF
0.3217
0.3235
,
INR
0.6874
0.6878
,
KES
0.4393
0.4427
,
JPY
0.3667
0.3667
,
CAD
42.0279
42.031
,
AUD
38.72
38.7487
,
SAR
15.3139
15.3147
,
AED
15.6379
15.6387
,
EUR
62.7929
62.7986
,
XDR
76.1763
76.1763
,
ZAR
3.1622
3.1629
,
CNY
7.9124
7.9144
,
KWD
187.9133
188.0339

dashen

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935
,
DKK
7.6177
7.7701
,
JPY
0.3318
0.3384
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
EUR
62.7929
64.0488
,
DJF
,
INR
,
KES
,
AUD
35.0416
35.7424
,
ZAR
,
CNY
7.1607
7.3039
,
KWD
179.4572
183.0463
,
AED

oromia

USD
57.4344
58.5831
,
GBP
74.4809
75.9705
,
EUR
62.6035
63.8556
,
CHF
64.1367
65.4194
,
SAR
15.3126
15.6189
,
AED
15.6365
15.9492

lion

coop

USD
57.4344
58.5831
,
GBP
74.4809
75.9705
,
EUR
62.6035
63.8556
,
SAR
15.3126
15.6189
,
AED
15.6365
15.9492

gadaa

USD
57.3701
58.5175
,
GBP
69.8498
71.2468
,
EUR
61.9425
63.1814
,
AED
14.1352
14.4179
,
SAR
13.8402
14.117
,
CHF
60.8558
62.0729

hijra

EUR
48
45
,
USD
52.46
62.82
,
GBP
96.55
101.88
,
AED
59.75
63.41
,
KWD
30
25
,
SAR
23
20

amhara

tsehay

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353

tsedey

USD
57.4395
58.5883
,
EUR
62.7929
64.0488
,
GBP
71.4592
72.8884
,
AED
14.1523
14.4353

Ahadu Bank Review

Ahadu Bank

Ahadu Bank

6.7 Rating

16% Loan Interest

Agent Banking Services

Card & Branch Banking

Maiden Financial Entry

Written by: abenezer   Proof Read by:  abenezer

Pros and Cons

Have many systems with different choices supporting Start-ups and Micro, Small and Medium Enterprises (MSME)
Visoned on reaching untapped part of community including the rural area
Fewer number of branches
Less choices are available on diaspora service
Undeveloped website presence
50+ branches

Ahadu Bank Information

Contact Information

  • SWIFT AHADUTAA
  • + 251 11 558 4478
  • 32757

Internet Banking

  • Can Check Balance
  • Can Transfer Money
  • View Account Statement
  • Can Control Progress
  • Can Pay Bills Online

Mobile Banking

  • Mobile Application
  • Balance Inquery
  • USSD Application
  • Mobile Top Up
  • Money Transfer

Saving Interest

  • Personal Saving 7%
  • Women Saving 8%
  • Youth Saving 8%
  • Teen Saving 8%
  • Education Saving 8%
  • Diaspora Fixed Time 7%

Apply for a loan here

Banks Ethiopia gives you the access and information you need to get car loan and house loan services in Ethiopia from the bank of your choice. If you are a non resident and/or a foreigner with origin of Ethiopia looking for these loan services, make sure to visit our diaspora mortgage loan and diaspora vehicle loan pages to acquire a more detailed information.

About Ahadu Bank

Ahadu Bank  is one of the latest private banks to join Ethiopia’s banking industry Ahadu Bank has managed to perform its first formation assembly on January 2, 2021 and has officially started its work at July 16, 2022 placing its  headquarters in Sunshine Building, on Africa Avenue (Bole Road).

It is one of half a dozen at the cusp of entering the market, meeting the National Bank of Ethiopia’s (NBE) requirement for the minimum capital threshold of half a billion Birr.

Ahadu Bank hold its focus on uncovered and little disputed potential of the community gearing its services to mass markets such as farmers and pastoralists as well as micro-enterprises and informal businesses while it has a vision to take a lead role in the financial sector, in 2025 E.C, in support of the aspirations of the citizenry and the country.

Services Provided By Ahadu Bank

Ahadu  offer specialized banking solutions to various segments which are customized  to their specific requirements and create values that suite their different financial standings and expectations.

Retail Banking

Holds different  account packages to simplify  daily banking system

  1. Standard Saving Account

    This  account is available to all customers of the Bank with 18 or more years of age. It is  interest bearing account without restriction in Operate across all channels, with the bear minimum opening balance and number of transactions.

  2. Personal Loan

    • Micro loans for incidental expenses
    • Loans for  household items
    • Emergency funding for urgent times of need
    • Student loans and Salary advance for salaried Employees
  3. Standard Plus(Education Saving Account)

    This Saving  account is in service  for  customers who are in plan of pursuing the next level education.

MSME Banking

This banking system Support Start-ups and Micro, Small and Medium Enterprises giving different chooses  as seen below:

  • Investment Saving Accounts

    Supports to create incentive-rich account tailored to the  held plan and leads to achieve the target.

  • Business Account

    credit facilities  which are available for Start-ups and MSMEs or businesses in growth

  • Doorstep Banking

    Provides cash collection, cash supply and Cheque deposit services from/to customers’ premises according  to the  businesses  features or the Customers.

Rural Banking

variety banking ways for farmers and rural cooperatives.

  • Agricultural Machinery

    This loan is meant to finance equipment and machineries to for agricultural production, processing or storage. This loan can be availed bay way of Lease or Project financing modality.

  • Gebere Account

    This  account is  in aim of serving the underserved rural population is creating financial awareness, availing low-cost and easy to access banking environment and encouraging savings through various incentives, campaigns and social engagements. This accounts are aided by Agent banking and biometric authentication.

  • Commodity Backed Loans

    These are post-harvest loan facilities backed by agricultural products – movable and/or commodities.

Corporate Banking

Range of banking services that are offered to corporates

  1. Business Account

    This is a current account with instant Cheque Books for your day-to-day business.

  2. Overdraft Loans

    Overdraft is credit facility, one time or revolving, allowing the customers the privilege to overdraw their current account. As a working capital option to customers, Ahadu provides both temporary and regular Overdraft facilities.

Premium Services

For Premium Customers, the Premium Offices offer a personalized level of service. VIP Clients get access to Personal Bankers, customized services, and the atmosphere and comfort of the Premium Offices.
Products  which are included in the service privileges for Premium Customers:

  • Wealth Management
  • Instant access to digital banking channels
  • Doorstep Banking
  • tailor-made Loans and Advances
  • Debit Cards with line of credit for emergency funding

Ahadu Bank Credit Card Application

Eligibility:

  • Be 18+
  • Valid ID
  • Regular income
  • Good credit history

Required Documents:

  • ID card
  • Proof of income
  • Proof of address
  • Completed application form

Application Process:

  1. Fill out form
  2. Submit at Ahadu Bank branch
  3. Wait for approval
  4. Receive credit card and welcome package

Credit Card Types:

  • Classic: ETB 5,000 limit, ETB 500-1,000 annual fee
  • Gold: ETB 20,000 limit, ETB 1,500-2,500 annual fee
  • Platinum: ETB 50,000 limit, ETB 3,000-5,000 annual fee

Benefits:

  • Rewards points
  • Cashback on purchases
  • Travel insurance
  • Purchase protection
  • Zero foreign transaction fees

Interest Rate: 24%-36% per annum

Additional Services of Ahadu Bank

Card Banking

  • Standard Debit Card
  • Special Purpose Cards
  • Premium Debit Card
  • Different Gift Card

ATM Banking

  • Cash withdrawal
  • Bill Payments
  • Balance Inquiry
  • Mini statement
  • Card less Transactions
  • Exchange Rate
  • Fund Transfer
  • PIN Change

Agent Banking

  • Opening M-Wallet Account
  • Balance Inquiry
  • Paying Money (Fulfillment) Mini Statement
  • Cash deposit
  • Cash withdrawal
  • Fund transfer

Branch Banking

Ahadu Bank’s branch banking is designed based on customers interest by offering a platform for interaction & cross selling to both business & individual clients. It is a place of  service for transaction ,application for Mobile & Card Banking ,deposit ,Cash withdrawal ,Annual & Mini Statement,Fund transfer ,Paying Money (Fulfillment).

New Products and Services:

  • Ahadu Bank has launched a new mobile banking app, allowing customers to access their accounts, pay bills, and transfer funds on-the-go.
  • The bank has also introduced a range of new credit products, including personal loans and business loans, with competitive interest rates.
  • Ahadu Bank has expanded its network of branches and ATMs across Ethiopia, making it easier for customers to access their accounts and conduct transactions

Financial Performance

  • Ahadu Bank’s 2024 financial results show a significant increase in net profits, reaching ETB 1.5 billion (approximately USD 30 million).
  • The bank’s assets grew by 15% year-on-year, reaching ETB 45 billion (approximately USD 900 million).
  • Ahadu Bank’s capital adequacy ratio remains above the regulatory requirement, at 16.5%.

Banking Fees

Account Maintenance Fees:

  • Monthly maintenance fee: ETB 50-100 (approximately USD 1-2)
  • Inactivity fee: ETB 100-200 (approximately USD 2-4) per month for accounts with no activity

Transaction Fees:

  • Cash deposit: ETB 10-20 (approximately USD 0.20-0.40)
  • Cash withdrawal: ETB 20-50 (approximately USD 0.40-1) per transaction
  • Debit card transactions: ETB 10-20 (approximately USD 0.20-0.40) per transaction
  • Credit card transactions: ETB 20-50 (approximately USD 0.40-1) per transaction

ATM Fees:

  • Out-of-network ATM withdrawal: ETB 50-100 (approximately USD 1-2) per transaction
  • Out-of-network ATM deposit: ETB 10-20 (approximately USD 0.20-0.40) per transaction

Contact Information

Ahadu Bank phone number: + 251 11 558 4478

SWIFT: AHADUTAA, Addis Ababa, Ethiopia

Ahadu Bank Head Office: Sunshine Building, Africa Avenue Bole Road, Addis Ababa, Ethiopia

6.7

Ahadu Bank

Loan Interest

10

Mobile Banking

8

Internet Banking

6

Saving Interest

9.2

Customer Service

7

Diaspora Benefit

0

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