cbe

USD
44.4074
45.2955
,
GBP
58.9316
60.1102
,
EUR
52.7604
53.8156
,
CHF
46.8194
47.7558
,
SEK
4.6847
4.7784
,
NOK
4.5733
4.6648
,
DKK
6.4197
6.5481
,
DJF
0.2467
0.2516
,
JPY
0.367
0.3743
,
CAD
32.2542
32.8993
,
SAR
10.7158
10.9301
,
AED
10.9405
10.9405
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
29.615
30.2073
,
SDR
,
ZAR
,
CNY
6.2188
6.3432
,
KWD
141.1204
143.9428

awash

USD
44.4074
45.2955
,
EUR
52.7604
53.8156
,
GBP
61.7085
62.9427
,
CAD
35.64
36.3528
,
AED
12.0889
12.3307

abyssinia

USD
44.4074
45.2955
,
GBP
58.9316
60.1102
,
EUR
52.7604
53.8156
,
AED
10.9405
11.1593
,
NOK
4.5733
4.6648
,
SAR
10.7158
10.9301
,
SEK
4.6847
4.7784
,
CAD
32.2542
32.8993

abay

zemen

buna

USD
44.4074
45.2955
,
GBP
58.9316
60.1102
,
CHF
46.8194
47.7558
,
SEK
4.6847
4.7784
,
NOK
4.5733
4.6648
,
DKK
6.4197
6.5481
,
JPY
0.367
0.3743
,
CAD
32.2542
32.8993
,
SAR
10.7158
10.9301
,
AED
10.9405
11.1593
,
EUR
52.7604
53.8156
,
CNY
6.2188
6.3432
,
AUD
29.615
30.2073
,
KWD
141.1204
143.9428

nib

GBP
58.9316
60.1102
,
EUR
52.7604
53.8156
,
CHF
46.8194
47.7558
,
CAD
32.2542
32.8993
,
SEK
4.6847
4.7784
,
AED
10.9405
11.159311
,
SAR
10.7158
10.9301
,
ZAR
3.0631
3.1243
,
JPY
0.367
0.3743
,
KES
0.4056
0.4138
,
DJF
0.2467
0.2516
,
INR
0.5932
0.6051
,
CNY
6.2188
6.3432
,
DKK
6.4197
6.5481
,
NOK
4.5733
4.6648
,
AUD
29.615
30.2073
,
USD
44.4074
45.2955

berhan

USD
42.6401
43.4929
,
EUR
52.0678
53.1092
,
GBP
57.7916
58.9474

wegagen

USD
44.4074
45.2955
,
GBP
58.9316
60.1102
,
EURO
52.7604
53.8156
,
CAD
32.2602
32.9054
,
AUD
29.615
30.2073
,
CHF
46.7563
47.6914
,
SEK
4.685
4.7787
,
NOK
4.5734
4.6649
,
DKK
6.418
6.5464
,
DJF
0.2467
0.2516
,
INR
0.5964
0.6083
,
KSH
0.4081
0.4163
,
JPY
0.3661
0.3734
,
SAR
10.7046
10.9187
,
AED
10.9291
11.1477
,
ZAR
3.0477
3.1087
,
CNY
6.2125
6.3368
,
KWD
140.8454
143.6623

dgb

USD
44.3046
45.1907
,
GBP
61.8271
63.0636
,
EUR
52.6029
53.655
,
CHF
48.7614
49.7366
,
CAD
35.5575
36.2687
,
AUD
32.7367
33.3914
,
SEK
5.1737
5.2772
,
NOK
5.0619
5.1631
,
DKK
7.0729
7.2144
,
DJF
0.2461
0.251
,
INR
0.5967
0.6086
,
KSH
0.4076
0.4158
,
JPY
0.4036
0.4117
,
SAR
11.8127
12.049
,
AED
12.0606
12.3018
,
ZAR
3.0342
3.0949
,
CNY
6.8572
6.9943
,
KWD
147.2508
150.1958

enat

USD
44.4074
45.2955
,
EUR
52.7604
53.8156
,
GBP
61.7085
62.9427
,
CHF
49.0256
50.0061
,
SEK
5.1765
5.28
,
NOK
5.0534
5.1545
,
DKK
7.0936
7.2355
,
KES
0.4083
0.4165
,
JPY
0.4055
0.4136
,
DJF
0.2467
0.2516
,
CAD
35.64
36.3528
,
AUD
32.7238
33.3783
,
SAR
11.8407
12.0775
,
AED
12.0889
12.3307
,
ZAR
3.0831
3.1448
,
CNY
6.8716
7.009

addis

EUR
52.6029
53.655
,
GBP
59.0449
60.2258
,
USD
44.3046
45.1907

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
44.4074
45.2955
,
GBP
58.9316
60.1102
,
CHF
46.8194
47.7558
,
SEK
4.6847
4.7784
,
NOK
4.5733
4.6648
,
DKK
6.4197
6.5481
,
JPY
0.367
0.3743
,
CAD
32.2542
32.8993
,
SAR
10.7158
10.9301
,
AED
10.9405
11.1593
,
EUR
52.7604
53.8156
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY

oromia

USD
44.4074
45.2955
,
EUR
52.7604
53.8156
,
GBP
61.7085
63.9427
,
SAR
11.8407
12.0775
,
CHF
49.0256
50.0061
,
AED
12.0889
12.3307

lion

USD
44.3622
45.2494
,
GBP
59.1471
60.33
,
EUR
52.7422
53.797

coop

Bank of Abyssinia Review

Bank of Abyssinia

9.2

Bank of Abyssinia

Ecommerce Payment Gateway

Virtual Banking

Customer Support

E-Commerce

Simplify Customer Experience

Pros and Cons

Secured online Banking
Multiple Banking Services
  • 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

    code name buying buyingTrend selling sellingTrend
    USD United States Dollar 44.4074 45.2955
    GBP British Pound Sterling 58.9316 60.1102
    EUR Euro 52.7604 53.8156
    AED United Arab Emirates Dirham 10.9405 11.1593
    NOK Norwegian Krone 4.5733 4.6648
    SAR Saudi Riyal 10.7158 10.9301
    SEK Swedish Krona 4.6847 4.7784
    CAD Canadian Dollar 32.2542 32.8993

    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.

    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

    Alfa 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.

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