cbe

USD
56.8022
57.9382
,
GBP
67.5744
68.9259
,
EUR
60.4375
61.6463
,
CHF
59.5391
60.7299
,
SEK
4.695
4.7889
,
NOK
4.6818
4.7754
,
DKK
7.3318
7.4784
,
DJF
0.3181
0.3245
,
JPY
0.3324
0.339
,
CAD
37.2237
37.9682
,
SAR
13.7039
13.978
,
AED
13.9956
14.2755
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
33.0232
33.6837
,
SDR
,
ZAR
,
CNY
7.1006
7.2426
,
KWD
175.9743
179.4938

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

GBP
67.5744
68.9259
,
CHF
59.5391
60.7299
,
EUR
60.4375
61.6463
,
USD
56.8022
57.9382
,
CAD
37.2237
37.9682
,
AED
13.9956
14.2755
,
SAR
13.7039
13.978
,
SEK
4.695
4.7889
,
NOK
4.6818
4.7754

abay

USD
56.5376
57.6684
,
EUR
61.7956
63.0315
,
GBP
72.289
73.7348
,
CHF
64.3716
65.659
,
AUD
37.3657
38.113
,
AED
15.3911
15.6989
,
CNY
7.8594
8.0166
,
DKK
8.2877
8.4535
,
DJF
0.3166
0.3229
,
INR
0.6826
0.6963
,
JPY
0.3821
0.3897
,
KES
0.4082
0.4164
,
NOK
5.3785
5.4861
,
SAR
15.0739
15.3754
,
ZAR
3.0306
3.0912
,
SEK
5.5156
5.6259
,
SDR
78.118
79.6804

zemen

CAD
41.1592
41.9824
,
EUR
60.3636
61.5709
,
GBP
70.6939
72.1078
,
SEK
5.1874
5.2911
,
USD
56.7914
57.9272

buna

nib

GBP
67.5744
68.9259
,
EUR
60.4375
61.6463
,
CHF
59.5391
60.7299
,
USD
56.8022
57.9382
,
CAD
37.2237
37.9682
,
AED
13.9956
14.2755
,
SAR
13.7039
13.978

berhan

wegagen

USD
56.704
57.8381
,
GBP
68.416
69.7843
,
EURO
61.4501
62.6791
,
CAD
37.8361
38.5928
,
AUD
33.7923
34.4681
,
CHF
59.9428
61.1417
,
SEK
4.8272
4.9237
,
NOK
4.7926
4.8885
,
DKK
7.4566
7.6057
,
DJF
0.2862
0.324
,
INR
0.6803
0.6939
,
KSH
0.4345
0.4432
,
JPY
0.3389
0.3457
,
SAR
13.6809
13.9545
,
AED
13.9722
14.2516
,
ZAR
3.1723
3.2357
,
CNY
7.0934
7.2353
,
KWD
176.0871
179.6088

dgb

enat

USD
56.8022
57.9382
,
GBP
70.7585
72.1737
,
CHF
62.3446
63.5915
,
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
15.4648
15.7741
,
ZAR
2.9861
3.0458
,
CNY
7.846
8.0029

addis

nbe

dashen

USD
56.8022
57.9382
,
GBP
67.5744
68.9259
,
CHF
59.5391
60.729882
,
SEK
4.695
4.7889
,
NOK
4.6818
4.775436
,
DKK
7.3318
7.478436
,
JPY
0.3324
0.339048
,
CAD
37.2237
37.9682
,
SAR
13.7039
13.977978
,
AED
13.9956
14.275512
,
EUR
60.4375
61.6463
,
DJF
0
0
,
INR
0
0
,
KES
0
0
,
AUD
33.0232
33.6837
,
ZAR
0
0
,
CNY
7.1006
7.2426
,
KWD
175.9743
179.4938
,
AED

oromia

USD
55.4509
56.5599
,
EUR
58.7724
59.9478
,
GBP
64.394
65.6819
,
SAR
13.3775
13.6451
,
CHF
59.3141
60.5004
,
AED
13.662
13.9352

lion

USD
56.7914
57.9272
,
GBP
67.5127
68.863
,
EUR
60.3636
61.5709

coop

USD
56.7329
57.8676
,
GBP
71.9543
73.3934
,
EUR
61.6516
62.8846
,
SAR
15.1247
15.4272
,
AED
15.4472
15.7561

gadaa

USD
56.7914
57.9272
,
GBP
67.5127
68.863
,
EUR
60.3636
61.5709
,
AED
13.9945
14.2744
,
SAR
13.7012
13.9752
,
CHF
59.3909
60.5787

hijra

EUR
61.5525
62.7836
,
USD
56.0843
57.206
,
GBP
71.5355
72.9662
,
AED
15.2681
15.5735
,
CAD
41.9322
42.7708
,
SAR
14.9478
15.2468

Lion Bank Review

Lion Bank

Lion Bank

8 Rating

7% Saving Interest

Partial Financing

Anbesa Platinum Saving Account

Consignment Payment

Anbesa HelloCash

Mobile Money Platform

Pros and Cons

Countless ways to have a deposit account
Easy integration of Diaspora
Customizable loans and advances
278 brunches
Less widely used Alternative channels, in the sense of E-Banking

Lion Bank Information

Contact Information

Diaspora Benefits

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

  • Personal Automible Loan 15
  • Diaspora Mortgage Loan 14
  • Corporate Loan 15
  • Investment Loan 15
  • Working Capital Loan 15

Saving Interest

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

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.

Lion Bank Exchange Rate

The exchange rate of Lion 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
USD United States Dollar 56.7914 57.9272
GBP British Pound Sterling 67.5127 68.863
EUR Euro 60.3636 61.5709

About Lion Bank

In October 2006, Lion International Bank or Anbessa Bank was founded by a large number of shareholders of more than 3,700. The subscribed capital reached a peak of nearly 433 Million Birr and an initial paid-up capital of 108 Million Birr. Lion Bank started its operations in January 2007 with three Branches opened.

Services provided by Lion Bank

Domestic Banking

Loans and Advances

  • Overdraft Facility: This is a form of credit provided by Lion Bank, in which the customer might be allowed to withdraw beyond the deposited amount in his/her current account for day-to-day operations.

  • Overdraw on overdraft account: Customers are permitted to withdraw a specific amount of funds over and above the overdraft limit so the customer is able to fulfill his/her cash shortage.

  • Overdraw on the current account: Customers of Lion Bank are given a temporary credit facility where they can withdraw some amount of deposit over and above the current account deposit of a customer.

  • Merchandise Loan Facility: This is a short-term loan that goes against the merchandise/evidence, like Railway Receipt, Airway Bills, and Warehouse Receipt, which are to behold as collateral.

  • Import Letter of Credit Facility: Lion International Bank offers its import letter of credit facility for customers who are involved either in the import business

  • Pre-Shipment Export Credit Facility: This is a loan, extended by Lion International Bank, for those who are interested in:

  • Purchase of raw materials: Processing & converting raw materials into finished goods, and Warehousing, packing and transporting the goods

  • Revolving Export Credit Facility: This an advance loan of credit facility, which is against valid export documents, is for exporters upon their submission of export documents, except a bill of lading.

  • Letter of Guarantee Facility: Lion International Bank provides offers guarantee services for both its local & foreign customers. There are several types of guarantee services:

    • bid bond
    • performance bond
    • advance payment guarantee
    • suppliers’ credit guarantee
    • retention guarantee
    • steamers’ guarantees/letters of indemnity for missing documents
    • customs duty guarantee, and

Term Loan

This is a loan given to working capitalists, which is to be repaid within a certain time with interest, which can be paid in periodic installments, either monthly, quarterly, semi-annually, or annually. At least 30% of the project cost must be contributed by the applicant. Lion Bank has the following:

  • Short-Term: Loan could be granted up to a maximum of one year.

  • Medium-Term: It has a maturity period of over one year, but not exceeding a maximum period of five years, with usual periodic installments.

  • Long-Term Loan: It has a maturity period of over five years, but not exceeding a maximum period of ten years, with usual periodic installments.

    Customers can use medium & long term loans to finance fixed assets:

    • Buildings
    • Machinery
    • Equipment
    • public transport vehicles
    • trucks, and
    • Trailers

    Such loans can be used for the formation of projects and/or the expansion of an existing business A project feasibility study, a detailed study of the capital investment project a business plan for justification.

  • Motor-Vehicle Loan: This is a term loan for the purchase of vehicles for customers who are engaged in the transport sector and other business sectors.

  • Construction Machinery Loan: Lion Bank offers a loan extension for the purchase of construction machinery, like: asphalt pavers, Crushers, Cranes, Graders, Dozers, Rollers, concrete batching plants, Loaders, concrete pavers, dump truck, Chip spreaders, Scrapers, wagon drills, and, concrete mixer mounted on trucks, Excavators, etc.

  • Staff Mortgage loan: This is a loan to the staff of Lion International Bank, who can use that loan for various purposes, such as Construction, Rehabilitation, Renovation, Acquisition, expansion of houses and fence construction or works,

Partial Financing

Lion International Bank offers partial financing, where the bank covers some of an auction price of foreclosed as well as obtained properties submitted for sale.

Syndicate Loan

This is a term loan where because the volume of the fund is shared between LIB and several other financers. In nature, the fund is of medium to long term.

Loan Buyout

Lion International Bank buys loans from other banks and afterward arranges them for its customers

Deposit

Saving Deposit Account

This account can either be an interest or non-interest bearing deposit, which can be operated by either physical or legal persons, such as Individuals, Organizations, and Associations. An ID Card is satisfactory for the opening of an account

Special Saving Account

This account is operated via cheque, and companies, individuals, partnerships, sole proprietors, clubs, and alike can have this account opened by Lion Bank. Checkbooks are used to issue payments, while an ID Card, as well as a TIN Number, are satisfactory to open a special saving account

Demand Deposit Account

This is a non-interest bearing account that is operated by literate customers via cheque. It can be opened by the account holder or a legal agent on behalf of the customer.

Certificate of Deposit Account

For a fixed timeframe, a minimum of 3 months, customers can do deposits without movement and receive a higher interest rate.

Children Saving Account

With this account, guardians/parents can start saving for their kids and receive higher interest rates.

Youth Saving Account

“In youth we learn, in age we understand”; if you are youth whose age between 14 – 18 years, this is an ideal account for you to learn saving for your future vision. We avail saving box with a passbook to support your saving and encourage your effort with a better compound interest rate than the normal saving.

Targeting 14-18 years old, this account can be operated via passbook, which has a higher interest rate than the normal savings account.

Women’s Saving Account

Any woman who is older than 18 years old can have a woman’s saving account with Lion Bank. It can be opened either individually or jointly.

Education Saving Account

Parents/guardians can start saving for their children’s education by opening an education saving account with Lion Bank, which has an attractive interest rate.

Entrepreneur Saving Account

Becoming an entrepreneur is possible. Our Entrepreneur Saving Account is intended to serve adults for starting a new business or enhance what he/she already has. Come and use the service freely and we will boost your effort with a better compound interest rate than the normal saving.

With the entrepreneur Saving Account, customers can now have better interest rates and start their businesses soon.

Retirement Saving Account

“It is never too early to begin planning for retirement”; Our Retirement Saving Account is intended for adults wishing to save for retirement, manage the account freely and earn better compound interest rate than the normal saving. Come and enjoy our service.

Customers of Lion Bank are able to start saving for their golden age with the retirement saving account, which allows customers to have higher interest rates than the usual savings account.

Anbesa Platinum Saving Account

With this account, you can save massive amounts of money and get better interest rates.

Lion Bank Diaspora Banking Services

Lion Bank serves its customers by providing easy, efficient, and unified access to its international banking services and facilities. Such as:

Diaspora Mortgage and Vehicles Loan at Lion Bank

Diaspora customers are required to be Ethiopians, foreign nationals of Ethiopian origin residing abroad, or lived outside Ethiopia for more than 1 year. Companies/businesses which are owned by Ethiopians, foreign nationals of Ethiopian origin residing abroad, or lived outside Ethiopia for more than 1 year are allowed to have a Diaspora account with Lion Bank.

A minimum of 1000 USD is required to have a Diaspora account opened. Diaspora can have:

Diaspora Mortgage Loan (DML)

Ethiopian Diaspora will gain easy access to a loan facility which can be used for many purposes, such as

  • Purchase residential house
  • Commercial buildings from Real Estate, individual sellers, or any other means
  • Construct a residential house/commercial building on an owned land.
  • 20%of the deposit is to be made by the customer in a foriegn currency, while the remaining is to be provided by Lion Bank

Diaspora Vehicles Loan (DVL)

As the Diaspora customer deposits 40% of a vehicle loan, he/she gets access to the remaining 60% by Lion Bank. Vehicle includes:

Heavy Earth Moving Equipment & Specialized Equipment Pick-Ups, Trailers, Trucks,Heavy Commercial Vehicles, Purchase Machinery, Tractors, and other Commercial Vehicles.

For the Diaspora account, customers who are non-resident & of Ethiopian origin, need to bring:

  • A filled application form, signed by the customer/account holder.
  • Individuals need to bring a valid passport/ID Card or foriegn nationals
  • Businesses, however, need to have a certificate of ownership of the organization and/or article of a memorandum of association.

For those who can’t attend physically, a filled application through email, fax, courier service alongside a letter from the embassy, correspondent bank, or remittance service providers.

For Diaspora Mortgage Plan:

  • Yellow Card, Ethiopian origin ID Card
  • Residence permit
  • Individuals need a valid passport and/or ID Card
  • Businesses must present a certificate of ownership of the organization
  • Fill an application form
  • Sales contract
  • Bank’s insurance report
  • Ownership certificate
  • Buyer’s & seller’s marriage certificate
  • Tax clearance
  • TIN

Lion Bank Services for International trade

It means the exchange of goods & services domestically and internationally from a seller to a buyer, according to a contract of sale as well as the flow of payment from the buyer to the seller.

Trade Service Products

With the facilitation of import & export transactions, inward & outward transfers, purchase & sale of foriegn currencies, and offering deposit services in foriegn currency, Lion International Bank prides itself in being a pioneer in fulfilling their customers’ demands.

Documentary Letter of Credit

The seller in this case instructs the bank to abduct an agreed-upon sum of money within a timeframe with the presentation of documents. The bank provides LC services for:

  • Import
    • Acceptance Payment
    • Negotiation Payment
    • Deferred Payment
    • Available by Sight Payment
  • Export
    • Negotiation
    • Acceptance of bills
    • Payment Available by Sight

Documentary Collection

Lion International Bank uses documentary collection as a way to handle commercial documents, that is either or not supported by financial documents, which all in regards to the seller. In alliance with what the seller’s bank instructed, Lion Bank delivers the documents to the buyer/importer.

Advance Payment

Advance Payment is a means by which the seller gets a payment from the buyer before the shipment of goods or the rendering of the agreed-upon service takes place.

Import

Available by Sight Payment

Export

Available by Sight Payment/ Acceptance Payment

Consignment Payment

Here, the title of the goods is with the seller, unless an agent/distributor in a foreign country sells it/them. Once the agent sells the goods, the payment is made to the seller.

Guarantee

Guarantee means a letter of undertaking issued by an issuing bank/Guarantor to compensate (pay a sum of money) to the Beneficiary (local or foreign) in the event that the Obligor/Principal fails to fulfill his/her/its obligations in accordance with the terms and conditions of the guarantee/agreement/contract.

An issuing bank/Guarantor is to manage to compensate the beneficiary/recipient, either local or foriegn if the principal fails to satisfy

Franco – Valuta

This is a license that is issued to import goods that are not to be paid in a foriegn currency/exchange

Small Export Items License (Permit)

Lion International Bank issues small export items’ license, which the exporter may have different purposes, such as sample items and maintenance.

Shipping Guarantee

This is issued by Lion Bank to secure any claims or assumptions by the shipping lines on the buyer’s side, due to the release of goods without having the original bills of lading. It all may occur due to delays in transit or that goods arrive before shipped documents are submitted.

Lion Bank Foreign Exchange Services

Foreign exchange services at lion bank include Buying and selling foreign currency notes, foreign Cheque, and traveler Cheque.

LIB has partnered with the following to facilitate easy money transfer: WesternUnion, XpressMoney, Dahabshill, MoneyGram, Kaah, Transfast, Twakal and, Iftin Express

Foreign Money Transfer Service:

Customers of Lion International Bank can transfer foreign money to and from the bank though the swift transfer

Contact Information

Lion Bank phone number: +251-116-626-000/60

Lion Bank email address: [email protected]

SWIFT: LIBSETAA, Addis Ababa, Ethiopia

Lion International Bank Head Office: Lex Plaza, Haile Gebre Silase St, Addis Ababa, Ethiopia

8

Lion Bank

Loan Interest

9.2

Mobile Banking

8

Internet Banking

6

Saving Interest

8.8

Customer Service

8.2

Diaspora Benefit

8

Visit Website

Customer Favourite Banks In Ethiopia

Show More
Zemen Bank

Zemen Bank

Pre Paid Cards

Debit card linked with Zemen Account

Read Review
Awash Bank

Awash Bank

Business Banking

Plenty of business banking choices

Read Review
Commercial Bank of Ethiopia (CBE)

Commercial Bank of Ethiopia (CBE)

CBE Birr CBE NOOR

For business

Read Review
Bank of Abyssinia

Bank of Abyssinia

E-Commerce

Simplify Customer Experience

Read Review