cbe

USD
124.0086
126.4888
,
GBP
152.3866
155.4343
,
EUR
128.3365
130.9032
,
CHF
134.1436
136.8265
,
SEK
11.0023
11.2223
,
NOK
10.7134
10.9276
,
DKK
16.8993
17.2373
,
DJF
,
JPY
0.7759
0.7914
,
CAD
84.628
86.3206
,
SAR
33.0073
33.6675
,
AED
33.7659
34.4412
,
INR
,
KES
,
AUD
75.3049
76.811
,
ZAR
,
CNY
16.6728
17.0063
,
KWD
394.889
402.7867

awash

abyssinia

USD
129.8451
132.442
,
GBP
167.7564
171.1115
,
EUR
141.9513
144.7903
,
AED
35.3532
36.0603
,
CHF
158.9291
162.1077
,
SEK
13.3258
13.5923
,
NOK
12.3272
12.5737
,
CAD
93.636
95.5087
,
SAR
34.6041
35.2962
,
CNY
17.796
18.1519

abay

USD
129.9498
132.5488
,
GBP
173.7299
177.2045
,
EUR
149.3903
152.3781
,
AED
35.3778
36.0854
,
ZAR
6.9704
7.1098
,
SAR
34.6422
35.335
,
JPY
0.9261
0.9446
,
CHF
160.0367
163.2375
,
AUD
83.1679
84.8312
,
CNY
17.7685
18.1239

zemen

CAD
93.7125
95.5868
,
EUR
142.8576
145.7148
,
GBP
168.7083
172.0825
,
SEK
13.4154
13.6837
,
USD
129.9938
132.5937

buna

USD
129.9426
132.5415
,
EUR
143.9094
146.7876
,
GBP
164.1011
167.3831
,
AED
35.7075
36.4217
,
SAR
34.1012
34.7832
,
CAD
89.1012
90.8832
,
AUD
64.239
65.5238
,
JPY
0.8603
0.8775

nib

USD
129.8187
132.415
,
GBP
167.7244
171.0789
,
EUR
140.0568
142.858
,
CHF
147.2451
150.19
,
CAD
90.7188
92.5332
,
AED
35.3445
36.0514
,
SAR
34.6045
35.2966

berhan

USD
130.9737
133.5932
,
EUR
146.3914
149.3192
,
GBP
168.68
172.0536
,
CAD
94.7643
96.6596
,
AED
35.6566
36.3697
,
CNY
17.9662
18.3255

wegagen

USD
129.9501
132.5491
,
GBP
172.4568
175.9059
,
EUR
147.3634
150.3107
,
CHF
156.8888
160.0265
,
SEK
13.4109
13.6791
,
CNY
17.8032
18.1592
,
JPY
0.9097
0.9278

dgb

USD
128.1012
130.6632
,
EUR
137.0599
139.8011
,
GBP
157.4803
160.6299
,
CHF
130.8214
133.4378
,
SAR
29.9468
30.5457
,
AED
36.7329
37.4675
,
CAD
79.1617
80.7449

enat

USD
130.0305
132.6311
,
EUR
145.1317
148.0343
,
GBP
169.3271
172.7136

ahadu

USD
130.0001
132.6001
,
GBP
174.1091
177.5913
,
EUR
149.9811
152.9807
,
CAD
58.8603
61.8033
,
SAR
21.7111
22.7967
,
AED
22.1751
23.2839

addis

EUR
146.4079
149.3361
,
GBP
171.4862
174.9159
,
USD
129.981
132.5806
,
CHF
160.0751
163.2766
,
JPY
0.9263
0.9448

dashen

USD
129.8515
132.4485
,
EUR
141.5381
144.3689
,
GBP
167.158
170.5012
,
CAD
84.9226
86.621
,
AED
31.9936
32.6335
,
SAR
31.3241
31.9506
,
CNY
16.2776
16.6031

oromia

lion

USD
131.4923
134.1221
,
GBP
165.6027
168.9148
,
EUR
142.3674
145.2147

developmentbank

USD
129.6586
132.2518
,
GBP
173.3406
176.8074
,
EUR
149.0555
152.0366
,
CHF
159.6781
162.8716
,
SEK
13.6609
13.9341
,
NOK
12.5273
12.7778
,
DKK
19.9662
20.3655
,
DJF
0.7262
0.7407
,
JPY
0.924
0.9425
,
CAD
93.7314
95.606
,
SAR
34.5646
35.2559
,
AED
35.2985
36.0045
,
INR
1.5215
1.552
,
KES
0.9974
1.0173
,
AUD
82.9815
84.6411
,
SDR
175.6096
179.1218
,
ZAR
6.9548
7.0939
,
CNY
17.7287
18.0832
,
KWD
423.8021
432.2781

coop

USD
129.0606
131.6418
,
GBP
158.331
161.4976
,
EUR
136.4649
139.1942
,
AED
32.994
33.6538
,
SAR
32.2674
32.9128
,
CNY
17.0172
17.3575

gadaa

USD
130.0202
132.6206
,
GBP
161.73
164.9646
,
EUR
141.2437
144.0686
,
AED
33.7659
34.4412
,
SAR
33.0073
33.6674
,
CHF
134.1436
136.8265

hijra

USD
130.9582
133.5773
,
EUR
142.1449
144.9878
,
GBP
166.066
169.3873
,
SAR
35.1016
35.8036
,
AED
35.8536
36.5707

amhara

USD
131.55
134.181
,
GBP
173.3434
176.8103
,
EUR
145.6916
148.6055
,
CAD
93.1327
94.9954
,
AED
35.8193
36.5357
,
SAR
35.0678
35.7692

tsehay

USD
131.5382
134.169
,
GBP
160.2439
163.4488
,
EUR
130.0158
132.6161
,
CAD
86.9537
88.6927
,
SAR
33.3311
33.9977
,
AED
34.0606
34.7419
,
AED

tsedey

USD
131.5016
134.1316
,
EUR
149.8066
152.8028
,
GBP
174.8577
178.3548
,
AED
35.8003
36.5163
,
CHF
159.5893
162.7811
,
SEK
13.7139
13.9882
,
NOK
12.6141
12.8663
,
DKK
20.0652
20.4666
,
DJF
0.7365
0.7512
,
INR
1.5389
1.5697
,
JPY
0.9266
0.9451
,
CAD
95.1462
97.0492
,
SAR
35.0568
35.7579
,
ZAR
7.0789
7.2205
,
CNY
18.0386
18.3994
,
KWD
429.4053
437.9935
,
KES
1.0139
1.0342

siinqee

USD
129.8515
132.4485
,
EUR
140.3603
143.1675
,
GBP
159.6959
162.8898
,
SAR
23.1262
23.5887
,
CHF
123.4786
125.9482
,
AED
32.7831
33.4388

hibret

USD
129.9
132.498
,
EUR
142.0016
144.8416
,
GBP
165.1219
168.4243
,
CHF
155
158.1

gohbetoch

USD
131.0805
133.7021
,
EUR
141.1293
143.9519
,
GBP
165.0379
168.3387
,
AED
34.3079
34.9941

nbe

JPY
0.9185
0.9277
,
KWD
427.064
431.3347
,
CNY
17.9273
18.1066
,
ZAR
6.9352
7.0045
,
XDR
167.9726
169.6523
,
EUR
148.7559
150.2434
,
AED
35.6609
36.0175
,
SAR
34.9082
35.2573
,
AUD
83.482
84.3168
,
CAD
94.0908
95.0317
,
USD
130.9932
131.3238
,
KES
1.0088
1.0391
,
INR
1.5287
1.544
,
DJF
0.7336
0.7557
,
DKK
19.9208
20.12
,
NOK
12.328
12.4512
,
SEK
13.3275
13.4608
,
CHF
160.5899
162.1958
,
GBP
173.7101
175.4472

binance

USDT
157.49
156.7

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 buying selling Difference
Flag of USD

USD

($)

131.53
134.16

± 2.63

Flag of GBP

GBP

(£)

160.24
163.44

± 3.20

Flag of EUR

EUR

(€)

130.01
132.61

± 2.60

Flag of CAD

CAD

($)

86.95
88.69

± 1.73

Flag of SAR

SAR

(ر.س)

33.33
33.99

± 0.66

Flag of AED

AED

(د.إ)

34.06
34.74

± 0.68

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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