cbe

USD
131.5086
134.1388
,
GBP
174.4955
177.9854
,
EUR
149.8277
152.8243
,
CHF
156.9823
160.122
,
SEK
13.4396
13.7084
,
NOK
12.8108
13.0671
,
DKK
19.7202
20.1146
,
DJF
,
JPY
0.8912
0.909
,
CAD
94.2697
96.1551
,
SAR
35.069
35.7703
,
AED
35.809
36.5252
,
INR
,
KES
,
AUD
83.7181
85.3925
,
ZAR
,
CNY
17.9542
18.3133
,
KWD
420.8198
429.2362

awash

USD
134.1097
136.7919
,
GBP
181.4301
185.0587
,
EUR
154.9773
158.0768
,
JPY
0.7932
0.8091
,
SAR
32.2749
32.9204
,
AED
32.9647
33.624
,
CAD
87.499
89.249
,
CHF
145.4585
148.3677
,
NOK
10.874
11.0915
,
DKK
17.5964
17.9483
,
SEK
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY

abyssinia

abay

USD
132.9817
135.6413
,
GBP
180.9215
184.54
,
EUR
154.2986
157.3846
,
AED
36.2052
36.9293
,
ZAR
7.4811
7.6308
,
SAR
35.4561
36.1652
,
JPY
0.9125
0.9308
,
CHF
164.8669
168.1643
,
AUD
86.345
88.0719
,
CNY
18.5371
18.9079

zemen

CAD
98.5702
100.5416
,
EUR
155.998
159.118
,
GBP
173.9501
177.4291
,
SEK
14.0834
14.3651
,
USD
133.9997
136.6797

buna

USD
133.8095
136.4857
,
EUR
154.9901
158.0899
,
GBP
178.2021
181.7661
,
AED
36.192
36.9158
,
SAR
35.7075
36.4217
,
CAD
94.006
95.8861
,
AUD
64.239
65.5238
,
JPY
0.94
0.9588

nib

USD
133.7081
136.3822
,
GBP
184.2764
187.962
,
EUR
158.0028
161.1629
,
CHF
169.6587
173.0519
,
CAD
98.3147
100.281
,
AED
36.401
37.129
,
SAR
35.6498
36.3628

berhan

wegagen

USD
133.9747
136.6542
,
GBP
182.5807
186.2323
,
EUR
157.9696
161.1289
,
CHF
169.1833
172.5669
,
SEK
14.0539
14.3349
,
CNY
18.7029
19.0769
,
JPY
0.9379
0.9567
,
AED
36.4814
37.2109

dgb

USD
132.0724
134.7138
,
EUR
148.5321
151.5027
,
GBP
167.2316
170.5762
,
CHF
130.8214
133.4378
,
SAR
29.9468
30.5457
,
AED
35.8921
36.6099
,
CAD
79.1617
80.7449

enat

USD
133.001
135.661
,
EUR
150.68
153.6936
,
GBP
175.6031
179.1152

ahadu

USD
133.6323
136.3049
,
GBP
174.1091
177.5913
,
EUR
147.0413
149.9821
,
CAD
94.4677
96.3514
,
SAR
35.0504
35.7514
,
AED
35.7909
36.5067

addis

USD
134.17
136.8534
,
EUR
157.3696
160.517
,
GBP
184.1205
187.8029
,
SAR
35.7729
36.4884
,
CHF
167.9855
171.3452
,
AED
36.5307
37.2613
,
KWD
0
0

dashen

USD
134.1746
136.8581
,
EUR
155.6425
158.7554
,
GBP
181.1357
184.7584
,
CAD
87.7499
89.5049
,
AED
33.0588
33.7199
,
SAR
32.367
33.0143
,
CNY
16.8195
17.1559

oromia

USD
133.9745
136.654
,
GBP
176.5248
180.0553
,
EUR
148.4303
151.399
,
CHF
169.9968
173.3968
,
SAR
35.7209
36.4353
,
AED
36.4735
37.2029

lion

USD
134.0414
136.7222
,
GBP
180.27
183.8754
,
EUR
154.9538
158.0529

developmentbank

USD
132.3534
135.0005
,
GBP
182.4095
186.0576
,
EUR
156.402
159.5301
,
CHF
167.9399
171.2987
,
SEK
14.0514
14.3325
,
NOK
13.2166
13.4809
,
DKK
20.9636
21.3828
,
DJF
0.7413
0.7561
,
JPY
0.9261
0.9447
,
CAD
97.3187
99.2651
,
SAR
35.2886
35.9944
,
AED
36.0322
36.7528
,
INR
1.5481
1.579
,
KES
1.022
1.0425
,
AUD
87.1812
88.9248
,
SDR
181.8536
185.4906
,
ZAR
7.5252
7.6757
,
CNY
18.4805
18.8501
,
KWD
433.7618
442.437

coop

USD
132.3606
135.0078
,
GBP
168.331
171.6976
,
EUR
143.4649
146.3342
,
AED
32.994
33.6538
,
SAR
32.2674
32.9128

gadaa

USD
132.9932
135.6531
,
GBP
164.6856
167.6793
,
EUR
151.0773
154.0988
,
AED
33.7659
34.4412
,
SAR
33.0073
33.6674
,
CHF
134.1436
136.8265

hijra

USD
132.1301
134.7727
,
EUR
148.063
151.0242
,
GBP
173.3231
176.7895
,
SAR
35.8505
36.5675
,
AED
36.6058
37.3379

amhara

USD
134.6599
137.3531
,
GBP
184.8746
188.5721
,
EUR
157.7541
160.9092
,
CAD
98.6086
100.5808
,
AED
36.6691
37.4025
,
SAR
35.9055
36.6236

tsehay

USD
132.8509
135.5079
,
GBP
169.2591
172.6443
,
EUR
148.836
151.8127
,
CAD
89.6864
91.4801
,
SAR
33.3311
33.9977
,
AED
34.0606
34.7419
,
AED

tsedey

USD
133.9526
136.6316
,
EUR
158.2918
161.4576
,
GBP
184.6134
188.3057
,
AED
36.4675
37.1969
,
CHF
169.969
173.3684
,
SEK
14.2212
14.5057
,
NOK
13.3763
13.6738
,
DKK
21.2168
21.6412
,
DJF
0.7502
0.7652
,
INR
1.5668
1.5981
,
JPY
0.9373
0.9561
,
CAD
98.4945
100.4644
,
SAR
35.715
36.4293
,
ZAR
7.6161
7.7684
,
CNY
18.7038
19.0778
,
KWD
439.0028
447.7828
,
KES
1.0344
1.0551

siinqee

USD
132.7897
135.4455
,
EUR
152.015
155.0553
,
GBP
178.7173
182.2916
,
SAR
23.1262
23.5887
,
CHF
123.4786
125.9482
,
AED
36.3332
37.0599

hibret

USD
133.2001
135.8641
,
GBP
175.1027
178.6048
,
EUR
156.1372
159.2599
,
AED
36.2666
36.988
,
CAD
97.9413
99.9001
,
CNH
18.5987
18.9707
,
CHF
148.0209
150.9813

gohbetoch

USD
133.9305
136.6091
,
EUR
152.412
155.4602
,
GBP
177.4716
181.009
,
AED
35.0447
35.7758

zamzam

USD
132
134.64
,
GBP
177.072
180.6134
,
AED
36.2533
36.9784
,
EUR
149.748
152.743
,
SAR
35.3367
36.0434
,
CAD
95.625
94.5375
,
CHF
160.185
163.3887

nbe

JPY
0.9361
0.9454
,
KWD
442.2143
446.6364
,
CNY
18.8636
19.0522
,
ZAR
7.5564
7.632
,
XDR
185.8444
187.7029
,
EUR
158.4622
160.0469
,
AED
36.835
37.2033
,
SAR
36.0709
36.4316
,
AUD
88.4104
89.2945
,
CAD
99.0464
100.0369
,
USD
135.2875
135.4483
,
KES
1.0447
1.076
,
INR
1.5817
1.5976
,
DJF
0.7577
0.7804
,
DKK
21.2392
21.4516
,
NOK
13.4303
13.5646
,
SEK
14.2729
14.4157
,
CHF
169.3846
171.0785
,
GBP
185.6821
187.5389

binance

USDT
160.34
159.75

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.

Ahadu Bank Exchange Rate

The exchange rate of Ahadu bank can also be found at our exchange rates page, along with all other banks’ exchange rates in Ethiopia today.

code buying sellingDifference
Flag of USD

USD

($)

133.63
136.30

± 2.67

Flag of GBP

GBP

(£)

174.10
177.59

± 3.48

Flag of EUR

EUR

(€)

147.04
149.98

± 2.94

Flag of CAD

CAD

($)

94.46
96.35

± 1.88

Flag of SAR

SAR

(ر.س)

35.05
35.75

± 0.70

Flag of AED

AED

(د.إ)

35.79
36.50

± 0.71

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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