cbe

USD
55.7444
56.8593
,
GBP
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
DJF
0.3122
0.3184
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
33.1801
33.8437
,
SDR
,
ZAR
,
CNY
7.0626
7.2039
,
KWD
172.3885
175.8363

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
55.7444
56.8593
,
EUR
60.3991
61.6071
,
GBP
70.4442
71.8531
,
CHF
63.8465
65.1234
,
AUD
36.6631
37.3964
,
AED
15.1772
15.4807
,
CNY
7.804
7.9601
,
DKK
8.0993
8.2613
,
DJF
0.3122
0.3184
,
INR
0.6684
0.6818
,
JPY
0.3789
0.3865
,
KES
0.3632
0.3705
,
NOK
5.1371
5.2398
,
SAR
14.8616
15.1588
,
ZAR
2.9639
3.0332
,
SEK
5.3402
5.447
,
SDR
74.2906
75.7764

zemen

CAD
40.1728
40.9763
,
EUR
58.6912
59.865
,
GBP
67.4111
68.7593
,
SEK
4.9496
5.0486
,
USD
55.5052
55.5052

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
67.2742
68.6197
,
EUR
60.3991
61.6071
,
CHF
60.9734
62.1929
,
USD
55.7444
56.8593
,
CAD
37.2068
37.9509
,
AED
13.7354
14.0101
,
SAR
13.4497
13.7187

berhan

USD
53.4492
54.5182
,
EUR
58.0672
59.2285
,
GBP
62.7892
64.045
,
CAD
36.1521
36.8751
,
AED
13.1691
13.4325
,
YUA
7.1276
7.2702

wegagen

USD
55.6943
56.8082
,
GBP
67.15
68.493
,
EURO
61.0131
62.2334
,
CAD
37.0968
37.8387
,
AUD
33.3569
34.024
,
CHF
60.3518
61.5588
,
SEK
4.8352
4.9319
,
NOK
4.7282
4.8228
,
DKK
7.4063
7.5544
,
DJF
0.3121
0.3183
,
INR
0.6681
0.6815
,
KSH
0.3635
0.3708
,
JPY
0.3393
0.3461
,
SAR
13.438
13.7068
,
AED
13.7231
13.9976
,
ZAR
3.1723
3.2357
,
CNY
7.0459
7.1868
,
KWD
172.3665
175.8138

dgb

USD
55.7444
56.859288
,
GBP
70.4442
71.853084
,
EUR
60.3991
61.607082
,
CHF
63.8465
65.12343
,
CAD
41.1125
41.93475
,
AUD
36.6631
37.396362
,
SEK
5.3402
5.447004
,
NOK
5.1371
5.239842
,
DKK
8.0993
8.261286
,
DJF
0.3122
0.318444
,
INR
0.6684
0.681768
,
KSH
0.3632
0.370464
,
JPY
0.3789
0.386478
,
SAR
14.8616
15.158832
,
AED
15.1772
15.480744
,
ZAR
2.9639
3.023178
,
CNY
7.804
7.96008
,
KWD
180.5115
184.12173

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
55.7444
56.8593
,
GBP
67.2742
68.6197
,
CHF
60.9734
62.1929
,
SEK
4.8329
4.9296
,
NOK
4.6491
4.7421
,
DKK
7.3299
7.4765
,
JPY
0.3429
0.3498
,
CAD
37.2068
37.9509
,
SAR
13.4497
13.7187
,
AED
13.7354
14.0101
,
EUR
60.3991
61.6071
,
DJF
,
INR
,
KES
,
AUD
,
ZAR
,
CNY
,
AED

oromia

lion

USD
55.716
56.8303
,
GBP
67.3251
68.6716
,
EUR
60.7026
61.9167

coop

USD
55.6943
56.8082
,
GBP
70.3141
71.7204
,
EUR
61.0131
62.2334
,
SAR
14.8486
15.1456
,
AED
15.1636
15.4669

gadaa

hijra

EUR
59.0833
60.265
,
USD
54.2297
55.3143
,
GBP
64.8713
66.1687
,
AED
13.3629
13.6302
,
KWD
168.849
172.226
,
SAR
13.3629
13.3481

Wegagen Bank Review

Wegagen Bank

Wegagen Bank

7.8 Rating

7% Saving Interest

Nigat Saving

Diaspora Mortgage Loan

Trade Services

Agar Saving

Deposit that enables customers to save money to meet future needs.

Pros and Cons

Personalized and customized personal & premium banking options
Dedicated Diaspora loan that can be used for several purposes
402 number of brunches
  • Less smooth loan opportunities.
  • Few ATMs within one’s radius location

    Wegagen Bank Information

    Contact Information

    Diaspora Benefits

    • Automobile Loan
    • Mortgage Loan
    • Working Capital Loan
    • Optional Diaspora Account
    • 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 Automobile Loan 14.5
    • Diaspora Mortgage Loan 9.8
    • Corporate Loan 14.5
    • Investment Loan 14.5
    • Working Capital Loan 14.5

    Saving Interest

    • Personal Saving 7%
    • Women Saving 7.5%
    • Youth 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.

    Wegagen Bank Exchange Rate

    The exchange rate for Wegagen Bank can also be found at our exchange rates page, along with all other banks’ exchange rates in Ethiopia today.

    code name buying buyingTrend selling sellingTrend
    USD United States Dollar 55.6943 56.8082
    GBP British Pound Sterling 67.15 68.493
    EURO EURO 61.0131 62.2334
    CAD Canadian Dollar 37.0968 37.8387
    AUD Australian Dollar 33.3569 34.024
    CHF Swiss Franc 60.3518 61.5588
    SEK Swedish Krona 4.8352 4.9319
    NOK Norwegian Krone 4.7282 4.8228
    DKK Danish Krone 7.4063 7.5544
    DJF Djiboutian Franc 0.3121 0.3183
    INR Indian Rupee 0.6681 0.6815
    KSH KSH 0.3635 0.3708
    JPY Japanese Yen 0.3393 0.3461
    SAR Saudi Riyal 13.438 13.7068
    AED United Arab Emirates Dirham 13.7231 13.9976
    ZAR South African Rand 3.1723 3.2357
    CNY Chinese Yuan 7.0459 7.1868
    KWD Kuwaiti Dinar 172.3665 175.8138

    About Wegagen Bank

    In November 1996, Wegagen Bank was established by 16 founding members with an initial capital of 30 Million Birr. With over 4,000 Employees, the Bank has gone through milestones throughout the years that pioneered Wegagen Bank among other banks.

    Wegagen Bank Services

    Personal Banking

    Agar Regular Accounts

    This is a deposit, interest-bearing type account, where the initial deposit plan is 25 Birr and users can access their accounts either via Payment Card, Mobile & Internet Banking Services. However, when making withdrawals and/or deposits, customers shall have their passbook presented. Wegagen offers a free of charge bank statement once a month.

    There are types of Agar Accounts provided by Wegagen Bank, which are:

    • Agar Checking
    • Agar Fixed
    • Agar Now
    • Agar Plus

    Admas Savings

    This is a saving, interest-bearing account where customers, especially employees, can save money to get loans for purposes like purchasing a vehicle/house. The minimum initial deposit is 25 Birr and users can access their accounts either via Payment Card, Mobile & Internet Banking Services. However, when making withdrawals and/or deposits, customers shall have their passbook presented. Wegagen offers a free of charge bank statement once a month.

    Goh Junior Saving

    This is a saving, higher interest-bearing account where parents/guardians can open an account on behalf of their children so they may use the deposited money after they turn 18. Minimally, 1,200 Birr is the initial amount for the account to be opened. There are situations where normal savings interest rate is to be applied:

    • If the customer decided not to renew every 5 years.
    • If a withdrawal is made before the maturity date

    Wegagen Bank will issue a bonus depending on the deposit amount at the maturity date. At every renewal, the Bank will raise the interest rate until the child is 18, which means that he/she will have all the ownership of the account and its withholdings once he/she is 18.

    Nigat Saving for Her

    This is a saving, higher interest rate account that targets individuals and businesswomen. Customers have full accessibility to their accounts either via Payment Card, Mobile & Internet Banking Services. Wegagen bank offers a free of charge bank statement once a month, and individual customers get discounts from specific merchants & services if they did payments via POS.

    Interest-Free Banking

    Wegagen Amana

    This is a special, free interest-bearing account provided by Wegagen Bank that follows Sharia laws, namely known as Wegagen Amana, which has its own window on every branch.

    Wadia Amana – Interest-free Savings

    Wegagen Bank has a service that allows the customer to withdraw money at any time with a deposit account with no interest. The Bank and the customer have to come to an agreement about the amount deposited.

    Kerd Amana Interest-free current account

    Wegagen Bank provides its customers the opportunity to withdraw money at any time with a deposit account with no interest. The minimum deposit amount required is 25 Birr. The Bank and the customer have to come to an agreement about the amount deposited. This account can be operated by payment cards, mobile & internet banking services. For money withdrawal & deposit, the customer has to present the passbook at any branch

    Loans

    Personal loan

    Wegagen bank provides loan facilities that are extended to NGOs, micro-finance institutions, Embassies, Corporate/institutions employees, International Organizations, etc

    Loan facilities have the following:

    • Items
    • Vehicles, and
    • Houses

    The repayment is on a very smooth schedule that is extended from mid to long term, however, depending on the loan.

    Admas Loan

    Targeting individual employees, Adamas loan allows the customers to save some money and get a loan to, say, purchase a vehicle or house. The interest rate is calculated and set by Wegagen Bank. Admas loans by Wegagen Bank have the following features:

    To purchase a vehicle, a customer has to deposit an initial amount of %10 of the original value and then within 6 months, deposit %15. After that, Wegagen Bank is to provide the %60 remaining of the value

    To purchase a house, a customer has to deposit an initial amount of %10 of the original value and then within 6 months, deposit %10. After that, Wegagen Bank is to provide the %70 remaining of the value

    The maturity of the loan for a vehicle is 7 years and 10 years for a house.

    Contact Information

    Wegagen Bank phone number: +251 115 523 800

    Wegagen Bank email address: [email protected]

    SWIFT: WEGAETAA, Addis Ababa, Ethiopia

    Wegagen Bank Head Office: Stadium, Meskel Square, Addis Ababa, Ethiopia

    7.8

    Wegagen Bank

    Loan Interest

    9.3

    Mobile Banking

    8

    Internet Banking

    6

    Saving Interest

    8.4

    Customer Service

    7.8

    Diaspora Benefit

    7

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