cbe

USD
55.2124
56.3166
,
GBP
64.4967
65.7866
,
EUR
58.7184
59.8928
,
CHF
57.9363
59.095
,
SEK
4.5316
4.6222
,
NOK
4.6506
4.7436
,
DKK
7.1279
7.2705
,
DJF
0.3092
0.3154
,
JPY
0.3362
0.3429
,
CAD
37.1227
37.8652
,
SAR
13.3203
13.5867
,
AED
13.6031
13.8752
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
32.1139
32.7562
,
SDR
,
ZAR
,
CNY
6.8347
6.9714
,
KWD
170.5482
173.9592

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

abay

USD
55.2124
56.3166
,
EUR
58.7184
59.8928
,
GBP
67.5358
68.8865
,
CHF
60.6663
61.8796
,
AUD
35.485
36.1947
,
AED
15.0311
15.3317
,
CNY
7.5522
7.7032
,
DKK
7.8761
8.0336
,
DJF
0.3092
0.3154
,
INR
0.664
0.6773
,
JPY
0.3715
0.3789
,
KES
0.3737
0.3812
,
NOK
5.1388
5.2416
,
SAR
14.7186
15.013
,
ZAR
2.946
3.0049
,
SEK
5.0073
5.1074
,
SDR
72.654
74.1071

zemen

CAD
41.0196
41.84
,
EUR
58.7184
59.8928
,
GBP
67.5358
68.8865
,
SEK
5.0073
5.1074
,
USD
55.2124
56.3166

buna

USD
54.778
55.8736
,
EUR
60.4201
61.6285
,
GBP
67.3216
68.668
,
AED
13.4962
13.7661
,
SAR
13.2148
13.4791
,
CAD
37.5106
38.2608
,
CNY
6.9339
7.0726
,
USD
7.3374
7.4841
,
EUR
4.7259
4.8204
,
GBP
60.0815
61.2831
,
AED
0.3485
0.3555
,
SAR
4.8953
4.9932
,
CAD
170.2997
173.7057
,
CNY
33.2543
33.9194

nib

GBP
64.4967
65.7866
,
EUR
58.7184
59.8928
,
CHF
57.9363
59.095
,
USD
55.2124
56.3166
,
CAD
37.1227
37.8652
,
AED
13.6031
13.8752
,
SAR
13.3203
13.5867

berhan

wegagen

USD
55.1843
56.288
,
GBP
65.3387
66.6455
,
EURO
59.0472
60.2281
,
CAD
37.1702
37.9136
,
AUD
32.2574
32.9025
,
CHF
58.7918
59.9676
,
SEK
4.4943
4.5842
,
NOK
4.6479
4.7409
,
DKK
7.1688
7.3122
,
DJF
0.3093
0.3155
,
INR
0.6629
0.6762
,
KSH
0.3749
0.3824
,
JPY
0.3382
0.345
,
SAR
13.3139
13.5802
,
AED
13.5955
13.8674
,
ZAR
3.1723
3.2357
,
CNY
6.8493
6.9863
,
KWD
170.6195
174.0319

dgb

USD
55.2124
56.3166
,
GBP
67.5358
68.8865
,
EUR
58.7184
59.8928
,
CHF
60.6663
61.8796
,
CAD
41.0196
41.84
,
AUD
35.485
36.1947
,
SEK
5.0073
5.1074
,
NOK
5.1388
5.2416
,
DKK
7.8761
8.0336
,
DJF
0.3092
0.3154
,
INR
0.664
0.6773
,
KSH
0.3737
0.3812
,
JPY
0.3715
0.3789
,
SAR
14.7186
15.013
,
AED
15.0311
15.3317
,
ZAR
2.946
3.0049
,
CNY
7.5522
7.7032
,
KWD
178.5845
182.1562

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

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
55.2124
56.3166
,
GBP
64.4967
65.7866
,
CHF
57.9363
59.095
,
SEK
4.5316
4.6222
,
NOK
4.6506
4.7436
,
DKK
7.1279
7.2705
,
JPY
0.3362
0.3429
,
CAD
37.1227
37.8652
,
SAR
13.3203
13.5867
,
AED
13.6031
13.8752
,
EUR
58.7184
59.8928
,
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
55.2124
56.3166
,
GBP
64.4967
65.7866
,
EUR
58.7184
59.8928

coop

USD
55.208
56.3122
,
GBP
67.6574
69.0105
,
EUR
58.8131
59.9894
,
SAR
14.7182
15.0126
,
AED
15.0291
15.3297

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

Gadaa Bank Review

Gadaa Bank

Gadaa Bank

7.8 Rating

7% Saving Interest

COMUNITY BANKING

Ienternet free Banking

90% youth share holders

Community Banking

youth generation inclusive

Pros and Cons

focuse on the youth generarion
several Internet free Banking options
  • 30+ number of branchs

    Gadaa Bank Information

    Contact Information

    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 7%
    • Youth Saving 7%
    • Teen Saving 7%
    • Education Saving 7%
    • 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 Gadaa Bank 

    Gadaa Bank is one of the upcoming private banks which has earned its license on 26th April 2022 to join the Ethiopian banking business. Gadaa Bank capital raise was 600 million Br in paid-up during its establishment. And has recorded over ETB 1.167 billion Br in subscribed capital from over 30,000 of its shareholders.

    The Bank’s focus of work is on the transformation of the medium and low-income sections of society. Gadaa Bank stands to serve the undiscovered or unrecognized groups in the financial and Banking sectors yet which hold the majority part of the Ethiopian population pastorals, farmers, women who do not have access to financial services, young entrepreneurs (including college graduates and role students ) and in particular to loan types that suit their contexts.

    Gadaa Bank has its founding shareholders meeting in August 2021. the Bank has its most satirical management appointed at this meeting in the presence of Oromia Regional State president Shimelis Abdissa, senior officials, Enterprises, and other business entities the Bank chooses its eleven board of directors and a CEO as a leader of the company on this ceremony. The bank has been established with more than subscribed capital. The shareholders are mainly youth residing both in the country and overseas. Gada Bank branches through the city and the surrounding.

    Services provided by Gadaa Bank

    -Conventional Banking

    -Savings Accounts:

    this is a regular saving account that is accessible to all eligible customers.

    -Demand Accounts /Current Accounts:

    It is a type of account where money can be withdrawn without notice, typically for an active account with frequent deposits and withdrawals by Cheque.

    -Time Deposit:

    is a higher interest-bearing deposit account with a stated maturity date which means the customer who is in use of this account will receive the high-rated amount of interest if the deposited money is held as it were for the agreed time along with the Bank.

    -Personal loan and business loan

    -Interest-free Banking

    Gadaa Bank provides different IFBs for customers who require this service, especially for the wide Islamic population, accounts like:-

    • Wadia Saving account (interest-free version of Conventional Banking )
    • Qard Current Accounts(interest-free version of Demand Accounts)
    • FCY Deposit Products
    • Labbaik Saving Accounts
    • Mudarabah Term deposits
    • Mudarabah Saving Account

    -International Banking

    • Forex Service: Gadaa Bank provides a daily exchange system
    • International Money Transfer: payments and transactions from across the world are operated through this system
    • Trade Finance: services provided for import and export trades
    • Foreign Currency Deposit products: this service allows the customer to receive their foreign transfers in foreign currency form which is a chance to use the daily currency exchange fever
    • Correspondent Banks: service to provide transfers from another part of the world

    -Community bank

    Gadaa Bank provides community Bank services for customers who own small businesses or individuals who make their residence in areas where there is no banking or network is on access, this service is provided to make part of the population who may not be qualified to get loans from banks to grow their business or lead there life through inclusive on the legal Banking system and positively fasten this area’s growth. this system is applied with a limited number of Branches that serves the nearby local people as a start. Banking is mainly focused on providing traditional functions like accepting customer deposits and providing credit lines, mortgages, and business loans.

    Gadaa Bank Digital Banking

    Gadaa Bank provides the latest digital Banking services to ease customers day to day life activities, services like:- ATM cards, USSD, Mobile Apps, and Point-of-Sale (mPOS). In addition to these, there are third-party service providers and agents across the areas read to provide customer’s need.

    We aim to deliver a digital banking service to the end customer; enabling them to access aggregated services at their convenience using Internet banking, mobile social media, and from their banks, mobile operators, third-party service providers, and merchants/agents at a single point of service.

    for further more information and to get access to online banking service you may visit Gadaa Bank website www.gadaabank.com

    7.8

    Gadaa Bank

    Loan Interest

    9.9

    Mobile Banking

    10

    Internet Banking

    10

    Saving Interest

    8.8

    Customer Service

    8.2

    Diaspora Benefit

    0

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