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

Wegagen Bank Review

Wegagen Bank

Wegagen Bank

7.6 Rating

16% Loan Interest

Nigat Saving

Diaspora Mortgage Loan

Trade Services

Agar Saving

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

Written by: abenezer   Proof Read by:  abenezer

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 56.704 57.8381
GBP British Pound Sterling 68.416 69.7843
EURO EURO 61.4501 62.6791
CAD Canadian Dollar 37.8361 38.5928
AUD Australian Dollar 33.7923 34.4681
CHF Swiss Franc 59.9428 61.1417
SEK Swedish Krona 4.8272 4.9237
NOK Norwegian Krone 4.7926 4.8885
DKK Danish Krone 7.4566 7.6057
DJF Djiboutian Franc 0.2862 0.324
INR Indian Rupee 0.6803 0.6939
KSH KSH 0.4345 0.4432
JPY Japanese Yen 0.3389 0.3457
SAR Saudi Riyal 13.6809 13.9545
AED United Arab Emirates Dirham 13.9722 14.2516
ZAR South African Rand 3.1723 3.2357
CNY Chinese Yuan 7.0934 7.2353
KWD Kuwaiti Dinar 176.0871 179.6088

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

7.6

Wegagen Bank

Loan Interest

8.2

Mobile Banking

8

Internet Banking

6

Saving Interest

8.4

Customer Service

7.8

Diaspora Benefit

7

Visit Website

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