cbe

USD
54.4025
55.4906
,
GBP
64.7507
66.0457
,
EUR
58.3684
59.5358
,
CHF
57.1241
58.2666
,
SEK
4.5341
4.6248
,
NOK
4.4889
4.5787
,
DKK
7.0919
7.2337
,
DJF
0.3047
0.3108
,
JPY
0.3522
0.3592
,
CAD
36.8768
37.6143
,
SAR
13.1274
13.3899
,
AED
13.4029
13.671
,
XAF
0.002
0.0122
,
INR
,
KES
,
AUD
32.8737
33.5312
,
SDR
,
ZAR
,
CNY
6.9052
7.0433
,
KWD
168.8466
172.2235

awash

EUR
56.5106
57.6408
,
GBP
64.5257
65.8162
,
JPY
0.4037
0.4118
,
CHF
57.4629
58.6122
,
SAR
14.1527
14.4358

abyssinia

AED
13.4029
13.671
,
CAD
36.8768
37.6143
,
CHF
57.1241
58.2666
,
EUR
58.3684
59.5358
,
GBP
64.7507
66.0457
,
NOK
4.4889
4.5787
,
SAR
13.1274
13.3899
,
SEK
4.5341
4.6248
,
USD
54.4025
55.4906

abay

USD
54.4025
55.4906
,
EUR
58.3684
59.5358
,
GBP
67.8018
69.1578
,
CHF
59.8158
61.0121
,
AUD
36.3245
37.051
,
AED
14.8098
15.106
,
CNY
7.6301
7.7827
,
DKK
7.8363
7.993
,
DJF
0.3047
0.3108
,
INR
0.6587
0.6719
,
JPY
0.3891
0.3969
,
KES
0.3904
0.3982
,
NOK
4.9601
5.0593
,
SAR
14.5054
14.7955
,
ZAR
2.8707
2.9281
,
SEK
5.0101
5.1103
,
SDR
72.3662
73.8135

zemen

CAD
40.7479
41.5629
,
EUR
58.3684
59.5358
,
GBP
67.8018
69.1578
,
SEK
5.0101
5.1103
,
USD
54.4025
55.4906

buna

USD
54.4025
55.4906
,
EUR
58.3684
59.5358
,
GBP
64.7507
66.0457
,
AED
13.4029
13.671
,
SAR
13.1274
13.3899
,
CAD
36.8768
37.6143
,
CNY
6.9052
7.0433
,
USD
7.0919
7.2337
,
EUR
4.5341
4.6248
,
GBP
57.1241
58.2666
,
AED
0.3522
0.3592
,
SAR
4.4889
4.5787
,
CAD
168.8466
172.2235
,
CNY
32.8737
33.5312

nib

GBP
64.7507
66.0457
,
EUR
58.3684
59.5358
,
CHF
57.1241
58.2666
,
USD
54.4025
55.4906
,
CAD
36.8768
37.6143
,
AED
13.4029
13.671
,
SAR
13.1274
13.3899

berhan

USD
54.3861
55.4738
,
EUR
58.2693
59.4347
,
GBP
64.6741
65.9676
,
CAD
36.7611
37.4963
,
AED
13.3989
13.6669
,
YUA
6.9193
7.0577

wegagen

USD
54.2965
55.3824
,
GBP
64.0075
65.2877
,
EURO
58.1841
59.3478
,
CAD
36.1417
36.8645
,
AUD
32.1413
32.7841
,
CHF
56.8974
58.0353
,
SEK
4.6669
4.7602
,
NOK
4.6606
4.7538
,
DKK
7.1482
7.2912
,
DJF
0.3031
0.3092
,
INR
0.6588
0.672
,
KSH
0.4039
0.412
,
JPY
0.3681
0.3755
,
SAR
13.0258
13.2863
,
AED
13.3071
13.5732
,
ZAR
3.1723
3.2357
,
CNY
7.1053
7.2474
,
KWD
168.0519
171.4129

dgb

USD
54.4025
55.4906
,
GBP
67.8018
69.1578
,
EUR
58.3684
59.5358
,
CHF
59.8158
61.0121
,
CAD
40.7479
41.5629
,
AUD
36.3245
37.051
,
SEK
5.0101
5.1103
,
NOK
4.9601
5.0593
,
DKK
7.8363
7.993
,
DJF
0.3047
0.3108
,
INR
0.6587
0.6719
,
KSH
0.3904
0.3982
,
JPY
0.3891
0.3969
,
SAR
14.5054
14.7955
,
AED
14.8098
15.106
,
ZAR
2.8707
2.9281
,
CNY
7.6301
7.7827
,
KWD
176.8027
180.3388

enat

USD
53.1422
54.205
,
GBP
62.1342
63.3769
,
CHF
0
0
,
SEK
0
0
,
NOK
0
0
,
DKK
0
0
,
KES
0
0
,
JPY
0
0
,
DJF
0
0
,
CAD
0
0
,
AUD
0
0
,
SAR
0
0
,
AED
0
0
,
ZAR
0
0
,
CNY
0
0

addis

GBP
61.7297
62.9643
,
USD
53.7176
54.792

nbe

KWD
126.8085
129.34467
,
CNH
5.6258
5.738316
,
ZAR
2.6751
2.728602
,
AED
9.9063
10.104426
,
SDR
57.7908
58.946616
,
EUR
48.4016
49.369632
,
CAD
28.7765
29.35203
,
AUD
28.3265
28.89303
,
JPY
0.3389
0.345678
,
SAR
9.7001
9.894102
,
INR
0.5525
0.56355
,
DJF
0.2234
0.227868
,
KES
0.3664
0.373728
,
DKK
5.8896
6.007392
,
NOK
4.2714
4.356828
,
SEK
4.3114
4.397628
,
CHF
41.5822
42.413844
,
GBP
53.539
54.60978

dashen

USD
54.4025
55.4906
,
GBP
64.7507
66.0457
,
CHF
57.1241
58.2666
,
SEK
4.5341
4.6248
,
NOK
4.4889
4.5787
,
DKK
7.0919
7.2337
,
JPY
0.3522
0.3592
,
CAD
36.8768
37.6143
,
SAR
13.1274
13.3899
,
AED
13.4029
13.671
,
EUR
58.3684
59.5358
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

USD
53.3285
54.3951
,
EUR
56.7522
57.8872
,
GBP
64.2235
65.508
,
SAR
14.185
14.4687
,
CHF
57.398
58.546
,
AED
14.5198
14.8102

lion

USD
54.4025
55.4906
,
GBP
67.8018
69.1578
,
EUR
58.3684
59.5358

coop

USD
54.3747
55.4622
,
GBP
67.4953
68.8452
,
EUR
58.1483
59.3113
,
SAR
14.4991
14.7891
,
AED
14.8027
15.0988

gadaa

hijra

EUR
59.0833
60.265
,
USD
54.2297
55.3143
,
GBP
64.8713
66.1687
,
AED
13.3629
13.6302
,
KWD
168.8489
172.2259
,
SAR
13.3629
13.3481

Bank of Abyssinia Review

Bank of Abyssinia

Bank of Abyssinia

8.6 Rating

8.3% Saving Interest

Ecommerce Payment Gateway

Virtual Banking

Customer Support

E-Commerce

Simplify Customer Experience

Pros and Cons

Secured online Banking
Multiple Banking Services
818 number of Branches
  • Not much support to small business

    Bank of Abyssinia Information

    Contact Information

    Diaspora Benefits

    • Optional Diaspora Accounts
    • Mortgage Loan
    • Automobile Loan
    • Consumer Loan
    • Working Capital Loan

    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

    Loan Interest

    • Presonal Automobile Loan 15
    • Diaspora Mortgage Loan 8
    • Corporate Loan 15.5
    • Investment Loan 15.5
    • Working Capital 15.5

    Saving Interest

    • Personal Saving 7%
    • Women Saving 7.5%
    • Youth Saving 7.5%
    • Teen Saving 7.25%

    Abyssinia Bank of Ethiopia Exchange Rate

    The exchange rate for Abyssinia bank can also be found at ourexchange rates page, along with all other banks’ exchange rates in Ethiopia today.

    code name buying buyingTrend selling sellingTrend
    AED United Arab Emirates Dirham 13.4029 13.671
    CAD Canadian Dollar 36.8768 37.6143
    CHF Swiss Franc 57.1241 58.2666
    EUR Euro 58.3684 59.5358
    GBP British Pound Sterling 64.7507 66.0457
    NOK Norwegian Krone 4.4889 4.5787
    SAR Saudi Riyal 13.1274 13.3899
    SEK Swedish Krona 4.5341 4.6248
    USD United States Dollar 54.4025 55.4906

    About Bank of Abyssinia

    The present-day Bank of Abyssinia(BOA) was established on February 1996 (90 years to the day after the first but defunct private bank was established in 1906 during Emperor Menelik II).

    BOA started its operation with an authorized and paid-up capital of Birr 50 million, and Birr 17.8 million respectively, and with only 131 shareholders and 32 staff.

    More About Bank of Abyssinia

    In two decades since its establishment Bank of Abyssinia has registered significant growth in paid-up capital and total asset. It also attracted many professional staff members, valuable shareholders, and large customers from all walks of life. This performance indicates public confidence in the Bank and reliability and satisfaction in its services.

    Currently, employing state-of-art banking technology, the Bank provides excellent domestic, international, and special banking services to its esteemed and valuable customers. It also strives to serve all economic and services sectors via its ever-increasing branch networks throughout the country.

    Abyssinia Bank Services

    Savings Accounts

    Adey Women’s Saving:

    This is a type of saving Account from Abyssinia account with a high amount of interest rate. Discounts and ease are also available when shopping with this account shopping card.

    Bank of Abyssinia values the role of women in a day to day life. As such to simplify and facilitate personal business, endeavors, and efforts, the bank has designated a special account. The bank offers increased saving rates to encourage women’s Saving with Adey account that will create empowerment and drive to succeed.

    Benefits and Features :
    • Adey saving account holders can get a discount on safe deposit box rent
    • ATM debit card shall be issued freely which would be linked to their Adey Saving Account
    • Discounted purchases at different goods and services providers that BoA has made an agreement with.
    • An increased daily ATM cash withdrawal limit of ETB 15,000 can be arranged
    • Women who maintained an outstanding balance of ETB 25,000 at the time of birth will receive gift certificate
    • Account can be operated by ATM cash withdrawal, mobile banking, internet banking and special debit card
    • Access to priority banking service for depositors with amount above 500 thousand and special identification card will be issued

    Afla Youth Saving :

    Bank of Abyssinia has this type of account for the youth, in particular, to encourage the culture of saving among the youth as majority of the population is dominated by the youth.

    By saving with the Afla account, one can concentrate on building own success from an early age and plant better future years ahead.

    Benefits and Features:

    • Relatively higher and attractive deposit interest rate on top of minimum saving deposit rate.
    • Total cost of debit card shall be covered by the Bank for students with student ID
    • Half cost of debit card shall be covered by the Bank for those without student ID card.
    • Minimal loan interest rate.
    • Purchase discounts at agreed retail shops for purchases with debit cards .
    • Access to priority banking service for depositors with amount above ETB 500,000.
    • Account must be converted to normal/ordinary saving account when the account holder reaches the age of 29.
    • It can be operated by cash withdrawal slip, debit card, mobile and internet banking.

    Education Saving:

    This education saving account attests to the belief that the bank believes that education to be a fundamental tool in achieving success. This account can be opened by individuals classified as teen-youth, whose age is between 14 and 18.

    Benefits and Features 

    • It is designed for saving money for higher education up to undergraduate programs
    • It provides a higher interest rate than an ordinary saving account
    • It grants scholarship funds for annual draw winning account holders who saved for at least one year and whose account balance reached birr 5,000.
    • Withdrawal from the Education Savings Account is allowed anytime. However, in order to be eligible for the scholarship or seed money award for a particular year, the customer shall deposit the minimum amount set by her/his preference for 12 months of the calendar year, and no withdrawal is allowed in this period.

    Ordinary Saving:

    Saving prepares a person or a business to achieve a secure future. Saving with BoA. BoA appreciates your effort to change and be the better version of yourself and it gives you the opportunity to make your efforts count by providing a savings account that starts with as little as ETB25.

    Benefits and Features 

    • It is an interest-bearing account which is compounded monthly;
    • It can be opened individually, jointly, and by corporate entities;
    • It can be opened with zero balance, however, the account should show at least amount Birr 25 within a month;
    • It can be operated by cash withdrawal slip, debit card, mobile and internet banking; and
    • A minimum amount of Birr 25 has to be maintained to qualify for interest calculation.

    Bank of Abyssinia  Diaspora Account

    Bank of Abyssinia provides multiple options for Ethiopian Diasporas. Ethiopians living abroad can open:

    1. A Checking Account: It is a non-interest bearing account.
    2. A Savings Account: Deposits and withdrawals are made using the Bank’s form. It is an interest-bearing account.
    3. A Special Saving Account:It can be operated using a special check. It is an interest-bearing account.
    4. A Non-Interest Bearing Account: In Foreign Currency will, in the future, be allowed for Ethiopians living abroad.

    Foreign Currency Accounts

    Ethiopians living abroad can open:

    1. A Checking Account: It is a non-interest bearing account.
    2. A Savings Account: Deposits and withdrawals are made using the Bank’s form. It is an interest-bearing account.
    3. A Special Saving Account: It can be operated using a special check. It is an interest-bearing account.
    4. A Non-Interest Bearing Account in Foreign Currency will, in the future, be allowed for Ethiopians living abroad.

    Steps for the opening of Special Savings Account at Bank of Abyssinia

    1. Fill the forms
    2.  Account Opening Form
    3.  Specimen Signature Form in two copies
    4.  Check Requisition form
    5.  List of Correspondent Banks with Bank of Abyssinia
    6.  Sign as per terms and conditions
    7.  Send the documents to the address Bank of Abyssinia P.O. Box 12947 Addis Ababa, Ethiopia

    Abyssinia Bank of Ethiopia Exchange Rate

    The latest Abyssinia Bank exchange rate can be found here.

    Electronic Banking

    E-Commerce

    Bank of Abyssinia provides a user-friendly e-commerce system, the bank delivers payment services that can serve as a payment gateway for customers.

    Virtual Banking

    Bank of Abyssinia (BOA) has launched five virtual machines that enable customers to open accounts, deposit and withdraw cash, and perform local money transfers. Dubbed Interactive Teller Machine (ITM) aka “branch in a box,” the terminals use touch screens and video technology to offer virtual banking services.

    BoA 2FA Mobile App

    Bank of Abyssinia has a Mobile App called BoA 2FA Two Factor Authentication is used for authentication, transaction authorization, and a digital signature that allows customers to safely log in to their account and perform secure Online Banking transactions. international transactions can be processed in many  ways including Bank of Abyssinia swift code ABYSETAA

    8.6

    Bank of Abyssinia

    Loan Interest

    5.8

    Mobile Banking

    10

    Internet Banking

    10

    Saving Interest

    8.3

    Customer Service

    8.6

    Diaspora Benefit

    9

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