cbe

USD
41.3165
42.1428
,
GBP
54.2261
55.3106
,
EUR
48.4973
49.4672
,
CHF
41.8822
42.7198
,
SEK
4.2832
4.3689
,
NOK
4.364
4.4513
,
DKK
5.903
6.0211
,
DJF
0.2295
0.2341
,
JPY
0.3389
0.3457
,
CAD
29.6287
30.2213
,
SAR
9.9698
10.1692
,
AED
10.1787
10.3823
,
XAF
0.012
0.0122
,
INR
0
0
,
KES
0
0
,
AUD
28.4661
29.0354
,
SDR
0
0
,
ZAR
0
0
,
CNY
5.6895
5.8033
,
KWD
130.4378
133.0466

awash

USD
41.7358
42.5705
,
EUR
50.229
51.2336
,
GBP
57.9835
59.1432
,
CAD
33.4288
34.0974
,
AED
11.3613
11.5885

abyssinia

USD
41.7012
42.5352
,
GBP
54.8903
55.9881
,
EUR
49.9747
50.9742
,
AED
10.2735
10.479
,
NOK
4.5083
4.5985
,
SAR
10.0622
10.2634
,
SEK
4.4778
4.5674
,
CAD
30.1772
30.7807

abay

USD
41.7358
42.5705
,
EUR
50.229
51.2336
,
GBP
57.9835
59.1432
,
CHF
45.6428
46.5557
,
AUD
32.4454
33.0943
,
CAD
33.4288
34.0974
,
AED
11.3613
11.5885
,
CNY
6.4135
6.5418
,
DKK
6.7543
6.8894
,
DJF
0.2319
0.2365
,
INR
0.5572
0.5683
,
JPY
0.3858
0.3935
,
KES
0.3866
0.3943
,
NOK
5.0307
5.1313
,
SAR
11.1278
11.3504
,
ZAR
2.9306
2.9892
,
SEK
4.9701
5.0695
,
SDR
59.6864
60.8801

zemen

buna

USD
41.7358
42.5705
,
GBP
55.3742
56.4817
,
CHF
43.5889
44.4607
,
SEK
4.4979
4.5879
,
NOK
4.5528
4.6439
,
DKK
6.1126
6.2349
,
JPY
0.3491
0.3561
,
CAD
30.2531
30.8582
,
SAR
10.0707
10.2721
,
AED
10.282
10.4876
,
EUR
50.229
51.2336
,
CNY
5.8042
5.9203
,
AUD
29.3631
29.9504
,
KWD
132.0883
134.7301

nib

GBP
55.3742
56.4817
,
EUR
50.229
51.2336
,
CHF
43.5889
44.4607
,
CAD
30.2531
30.8582
,
SEK
4.4979
4.5879
,
AED
10.282
10.4876
,
SAR
10.0707
10.2721
,
ZAR
2.9116
2.9698
,
JPY
0.3491
0.3561
,
KES
0.3841
0.3918
,
DJF
0.2319
0.2365
,
INR
0.5536
0.5646
,
CNY
5.8042
5.9203
,
DKK
6.1126
6.2349
,
NOK
4.5528
4.6439
,
AUD
29.3631
29.9504
,
USD
41.7358
42.5705

berhan

USD
41.6753
42.5088
,
EUR
49.8603
50.8575
,
GBP
54.7926
55.8885

wegagen

USD
41.7012
42.5352
,
GBP
54.8903
55.9881
,
EURO
49.9747
50.9742
,
CAD
30.1772
30.7807
,
AUD
29.252
29.837
,
CHF
43.3301
44.1967
,
SEK
4.4778
4.5674
,
NOK
4.5083
4.5985
,
DKK
6.082
6.2036
,
DJF
0.2319
0.2365
,
INR
0.5603
0.5715
,
KSH
0.3877
0.3955
,
JPY
0.3469
0.3538
,
SAR
10.0622
10.2634
,
AED
10.2735
10.479
,
ZAR
2.9148
2.9731
,
CNY
5.7869
5.9026
,
KWD
131.9908
134.6306

dgb

USD
41.7358
42.5705
,
GBP
57.9835
59.1432
,
EUR
50.229
51.2336
,
CHF
45.6428
46.5557
,
CAD
33.4288
34.0974
,
AUD
32.4454
33.0943
,
SEK
4.9701
5.0695
,
NOK
5.0307
5.1313
,
DKK
6.7543
6.8894
,
DJF
0.2319
0.2365
,
INR
0.5572
0.5683
,
KSH
0.3866
0.3943
,
JPY
0.3858
0.3935
,
SAR
11.1278
11.3504
,
AED
11.3613
11.5885
,
ZAR
2.9306
2.9892
,
CNY
6.4135
6.5418
,
KWD
138.3124
141.0786

enat

USD
41.7358
42.5705
,
EUR
50.229
51.2336
,
GBP
57.9835
59.1432
,
CHF
45.6428
46.5557
,
SEK
4.9701
5.0695
,
NOK
5.0307
5.1313
,
DKK
6.7543
6.8894
,
KES
0.3866
0.3943
,
JPY
0.3858
0.3935
,
DJF
0.2319
0.2365
,
CAD
33.4288
34.0974
,
AUD
32.4454
33.0943
,
SAR
11.1278
11.3504
,
AED
11.3613
11.5885
,
ZAR
2.9306
2.9892
,
CNY
6.4135
6.5418

addis

EUR
42.8476
43.7046
,
GBP
45.2716
46.177
,
USD
36.7223
37.4567

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
41.7358
42.5705
,
GBP
55.3742
56.4817
,
CHF
43.5889
44.4607
,
SEK
4.4979
4.5879
,
NOK
4.5528
4.6439
,
DKK
6.1126
6.2349
,
JPY
0.3491
0.3561
,
CAD
30.2531
30.8582
,
SAR
10.0707
10.2721
,
AED
10.282
10.4876
,
EUR
50.229
51.2336
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY

oromia

USD
41.7358
42.5705
,
EUR
50.229
51.2336
,
GBP
57.9835
59.1432
,
SAR
11.1278
11.3504
,
CHF
45.6428
46.5557
,
AED
11.3613
11.5885

lion

USD
41.7358
42.5705
,
GBP
55.3742
56.4817
,
EUR
50.229
51.2336

coop

USD
40.6279
41.4405
,
GBP
54.013
55.0933
,
EUR
48.4731
49.4426
,
SAR
9.8031
9.9992
,
AED
10.009
10.2092

Lion Bank Review

Lion Bank

8

Lion Bank

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
  • 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%

    Lion Bank Exchange Rate

    code name buying buyingTrend selling sellingTrend
    USD United States Dollar 41.7358 42.5705
    GBP British Pound Sterling 55.3742 56.4817
    EUR Euro 50.229 51.2336

    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-Viechel 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 foriegn money to and from the bank though the swift transfer

    Latest Banks

    Show More
    Dashen Bank

    Dashen Bank

    Amole Digital Banking

    Pay from your mobile

    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

    For business

    Read Review
    Bank of Abyssinia

    Bank of Abyssinia

    E-Commerce

    Simplify Customer Experience

    Read Review