cbe

USD
56.9888
58.1286
,
GBP
68.8685
70.2459
,
EUR
61.9126
63.1509
,
CHF
60.2506
61.4556
,
SEK
4.8235
4.92
,
NOK
4.8161
4.9124
,
DKK
7.511
7.6612
,
DJF
,
JPY
0.333
0.3397
,
CAD
37.8309
38.5875
,
SAR
13.7515
14.0265
,
AED
14.0413
14.3221
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
34.3952
35.0831
,
SDR
,
ZAR
,
CNY
7.1453
7.2882
,
KWD
177.2055
180.7496

awash

USD
56.9888
58.1286
,
EUR
61.9126
63.1509
,
GBP
68.8685
70.2459
,
CHF
60.2506
61.4556
,
SAR
13.7515
14.0265
,
AED
14.0413
14.3221
,
CAD
37.8309
38.5875

abyssinia

GBP
68.8685
70.2459
,
CHF
60.2506
61.4556
,
EUR
61.9126
63.1509
,
USD
56.9888
58.1286
,
CAD
37.8309
38.5875
,
AED
14.0413
14.3221
,
SAR
13.7515
14.0265
,
NOK
4.8161
4.9124
,
SEK
5.3298
5.4364

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
41.8021
42.6381
,
EUR
61.9126
63.1509
,
GBP
72.1136
73.5559
,
SEK
5.3298
5.4364
,
USD
56.9888
58.1286

buna

nib

GBP
68.8685
70.2459
,
EUR
61.9126
63.1509
,
CHF
60.2506
61.4556
,
USD
56.9888
58.1286
,
CAD
37.8309
38.5875
,
AED
14.0413
14.3221
,
SAR
13.7515
14.0265

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

USD
56.9757
58.1152
,
GBP
71.5102
72.9404
,
EUR
61.511
62.7412
,
CHF
62.7831
64.0388
,
CAD
41.6855
42.5192

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
56.9888
58.1286
,
GBP
68.8685
70.2459
,
CHF
60.2506
61.4556
,
SEK
4.8235
4.92
,
NOK
4.8161
4.91242
,
DKK
7.511
7.6612
,
JPY
0.333
0.3397
,
CAD
37.8309
38.5875
,
SAR
13.7515
14.0265
,
AED
14.0413
14.3221
,
EUR
61.9126
63.1509
,
DJF
0
0
,
INR
0
0
,
KES
0
0
,
AUD
34.3952
35.0831
,
ZAR
0
0
,
CNY
7.1453
7.2882
,
KWD
177.2055
180.7496
,
AED

oromia

USD
56.9888
58.1286
,
GBP
68.8685
70.2459
,
EUR
61.9126
63.1509
,
CHF
60.2506
61.4556
,
SAR
13.7515
14.0265
,
AED
14.0413
14.3221

lion

coop

USD
56.9239
58.0624
,
GBP
71.4053
72.8334
,
EUR
61.0167
62.237
,
SAR
15.1761
15.4796
,
AED
15.4967
15.8066

gadaa

USD
56.9586
58.0978
,
GBP
67.8529
69.21
,
EUR
61.1223
62.3447
,
AED
14.0327
14.3134
,
SAR
137438
14.0187
,
CHF
59.8147
61.011

hijra

amhara

USD
56.9888
58.1286
,
GBP
68.8685
70.2459
,
EUR
61.9126
63.1509
,
CAD
37.8309
38.5875
,
AED
14.0413
14.3221
,
SAR
13.7515
14.0265

tsehay

USD
56.9888
58.1286
,
GBP
68.8685
70.2459
,
EUR
61.9126
63.1509
,
CAD
37.8309
38.5875
,
SAR
13.7515
14.0265
,
AED
14.0413
14.3221

tsedey

USD
56.9837
58.1234
,
EUR
61.6735
62.907
,
GBP
68.612
69.9842
,
AED
14.0396
14.3204

Tsehay Bank Review

Tsehay Bank

Tsehay Bank

5.8 Rating

15% Loan Interest

IFB

Eldery saving account

International Banking

Fajr (Interest free banking )

Written by: abenezer   Proof Read by:  abenezer

Pros and Cons

well experienced Ahutorizers
services are provided inconsideration of all communite
Independent IFB (Fajr)
few number of branches
148 Branches

Tsehay 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

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.

Tsehay Bank Exchange Rate

The exchange rate for Tsehay can be found HERE

code name buying buyingTrend selling sellingTrend
USD United States Dollar 56.9888 58.1286
GBP British Pound Sterling 68.8685 70.2459
EUR Euro 61.9126 63.1509
CAD Canadian Dollar 37.8309 38.5875
SAR Saudi Riyal 13.7515 14.0265
AED United Arab Emirates Dirham 14.0413 14.3221

About Tsehay Bank

Tsehay bank history

Tsehay Bank is one of a succession of fourth-generation new private banks in Ethiopia, tsehay bank history begins from its establishment with capital of by2.8 billion birr, with 734 million paid-up capital by its 373 shareholders holding account for 35% of total share value and in comparison to other industry players the Bank has the smallest number of shareholders. The establishment proceed following the Shareholders’ General Assembly on February 18, 2021, held at Sheraton Addis Hotel.

The official opening of Tsehay bank took place on July 23, 2022, in the presence of the National Bank of Ethiopia Governor His Excellency Dr. Yinager Dessie, the bank inherits its nomination from the Amharic term “Tsehay” meaning “The Sun,” and a motto of “For All,” which is in consideration of its financial inclusion objective as a Bank.

The Bank’s vision is to become one of the best private Banks in East Africa by the year 2040 and its mission is to satisfy stakeholders’ by ensuring service excellence that appeals to the ever-diversifying and growing needs of customers. Institutional shareholders of Tsehay Bank have extensive experience and success in the country’s various business segments, starting from its chair of the directorate board Taye Debekulu who was the previous president of Hibret Bank, and all the other shareowners have untied their professional legs by playing a success full roll on sectors like Banks, manufacturing, agriculture, domestic trade, import, export, and many more sectors.

Tsehay bank history shows that the Bank starts operations with 30 branches in Addis Ababa and other major towns and cities across the country and plans to grow its number of branches to 100 at the end of 2023. The bank builds its core values on Integrity, customer service, teamwork, empowerment, professionalism, learning organization, and corporate citizenship which are the main guide for the Bank’s actions and responses to its various stakeholders.

Services Provided by Tsehay Bank

Deposit Products

All of Tsehay bank branches provide different domestic banking services for local customers. customers can process their banking activities locally through their:

    • Saving Accounts:-

      Ordinary saving account, Education Saving Account, Special saving account, Eddir Saving Account, Salary Solution account, Muday saving Account

    • Tsehay Bank Special Offers:-

Youth Saving Account, Woman saving, Elders account, Teen Youth saving account, Minor/juniors Saving Account.

  • IFB (Interest-Free Banking Saving products):-

    Tsehay Interest-Free Banking (IFB) carries on its service following sharia’s principles of business with a brand name of ‘Fajr’ which means sunrise in Arabic with its own assigned color and logo, the service  is provided for customers at  all of Tsehay bank branches.

    Tsehay bank stands by on best satisfaction to its customers and The Bank has been providing its IFB in compliance with acceptable Sharia principles at all of its branches, services include all the saving products (Wadiah Saving Accounts, Mudharabah Saving Deposit Accounts, IFB Accounts in Foreign Currency)

    Accordingly, the bank has formed a renowned Sharia advisory committee and summoned respected religious fathers as its IFB service advisors, and launched two full-fledged IFB branches in the city of Addis Ababa And Sheger towns with a plan of extension. Fajr is accessible to all individuals, private business entities, and governmental institutions fulfilling the eligibility criteria of Tsehay bank.

Credit Products

The Bank provides commercial loans to its eligible customers to meet their day-to-day working capital requirements and for investment purposes.

Loans & Advances:- Export financing, Manufacturing loan, Domestic Trade Services, Construction Loan, Import Financing, Transport loan and others, Overdraft, Domestic Guarantee

IFB Financing:- Murabaha Financing, Ijara Financing, Bai’ salam Financing, Guarantee (Kafalah), Qard Pre-Shipment Export
Correspondent Banking:- The Bank maintains an account relationship with authorized banks across the globe.

International Banking

Tsehay Bank has a package of services for its customers outside of the country that facilitates international payments, handles import and export transactions, and provides expert advice to customers to ensure the smooth flow of cross-border trade, and above all to the entire satisfaction of all parties involved.

Major International Banking Services

  • Import and Export Letters of Credit (L/C)
  • Cash against Document (CAD)
  • Foreign Transfer Services, both incoming and outgoing
  • Sales and Purchase of Foreign currency

Digital Banking

Tsehay Bank provides different digitized banking services for its customers aiming at minimization of cost and time and increasing the bank’s online accessibility through its Payment Cards, ATMs, POS Terminals, Mobile Banking, Internet Banking, Mobile Wallet, Agency Banking.

Contact Information

Tsehay bank Phone Number: +251 114 706854

P.O.Box: 2506

Tsehay bank Email address: [email protected]

SWIFT: TSCPETAA

Tsehay bank Head Office address: Addis Ababa, Kirkos Sub-city, Woreda 04, Meaza Desalegn Building

Contact Information

Tsehay Bank phone number: +251 114 70 68 54

Tsehay Bank email address: [email protected]

SWIFT: TSCPETAA, Addis Ababa, Ethiopia

Tsehay Bank Head Office: Meaza Desalegn Building, Beklo Bet, Addis Ababa, Ethiopia

5.8

Tsehay Bank

Loan Interest

10

Mobile Banking

8

Internet Banking

10

Saving Interest

5

Customer Service

2

Diaspora Benefit

0

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