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

Best Banks For Diaspora Loan

If you are a diaspora looking to take out a loan but do not know what to do or where to start, then look no further. We got you covered!

The first thing you need to know is that Diaspora loans in Ethiopia are offered for foreign Ethiopians living abroad and foreigners living abroad with Ethiopian origins.

Most of the banks in Ethiopia offer house loans for diasporas that will buy, construct or renovate a residential or commercial building, and car loan for diasporas who will buy a brand new or used car, and those who want a loan for personal use. Read below to choose the bank that suits you well to provide a diaspora loan.

The Best Banks for Diaspora Loans

Dashen Bank

Dashen Bank

8.6 Rating

7% Saving Interest

Amole Wallet

Gold debit card

Green card

Dube Ale , Amole Digital Banking

Pay from your mobile

Abay Bank

Abay Bank

7.9 Rating

7.2% Saving Interest

Zero Balance Accounts

Muday Services

Agent Banking

Abay Bedeje

A banking service closer to home

Awash Bank

Awash Bank

8.2 Rating

7% Saving Interest

Banking and Services for micro finance institutions

School Tution Fee Collection Services

Lucy Women's Saving

Business Banking

Plenty of business banking choices

Basic Documents needed to get a Diaspora Loan

The primary or common steps to get a diaspora loan are no different from those to get a primary bank loan. In order to get this type of loan from your chosen bank, you must acquire all the essential required documents listed below.

    1. Diaspora Saving Account
    2. Passport and/or Yellow Card
        You need to have a renewed passport and a yellow card to show your Ethiopian origin.
    3. Marriage Status Papers
      • If single, you need to have a new single certificate that is at most six months old.
      • If married, you must have a marriage certificate authenticated by the concerned government organ in Ethiopia.
    4. Bank Statement
      • You need to have your bank account statement showing your transactions for one year.
      •  You need to have an employment paper showing annual gross and net salary.
    5. Tax Clearance
      • For the borrower and
      • For the spouse of the borrower, if married.
    6. Loan Application Request Form
        You need a loan application letter or request form that includes the requested loan amount, loan term, regularity of payments, offered collateral, loan purpose, source of repayment, and other relevant information.
    7. Work/Residence Permit
        To get a diaspora mortgage loan, vehicle loan, and customer loan, you need to get a work or residence permit.
    8. Collateral Documents
      • You need a collateral item with proof of ownership along with all the documents.
      • The equity contribution should be in foreign currency.

Diaspora Mortgage Loan

If you are a foreigner planning to purchase, build, or renovate a house in Ethiopia but require a loan to acquire your dream, banks offer diaspora mortgage loans. Note that a Diaspora mortgage loan is approved if the residential or commercial building that will be purchased is from a real estate company or a legitimate seller.

Most banks have the exact requirement and steps to get a diaspora mortgage loan.

Additional Documents needed to get a Diaspora Mortgage Loan

Most banks require you to qualify for the basic diaspora loan documents to get a diaspora mortgage loan. In addition, to get a diaspora mortgage loan and other services, you need to get all of the required documents listed below:

  • Diaspora Mortgage Account
      You must open a diaspora saving account and fill in all the documents provided by the bank of your choice.
  • Trade/Investment Licence
    • You need to have renewed trade/investment licenses.
  • Lease Agreement
      A copy of the leasing agreement and the payment receipt is required.

Diaspora Vehicle Loan

If you are a foreigner in Ethiopia looking for a loan to purchase a brand new or old car, banks offer a diaspora vehicle loan. Most banks provide loans to diasporas to purchase a new or old car. These are the standard documents needed to get diaspora automobile loan:

Additional Documents needed to get a Diaspora Vehicle Loan

Most banks require you to qualify for all of the required documents listed below to get a diaspora vehicle or automobile loan in addition to the primary documents required to get a diaspora loan. Other documents are requested depending on the bank of your choice.

  • Proforma Invoice
    • You need a proforma invoice of the car to be purchased (the initial bill of sales sent to buyers before a shipment or delivery of goods).
  • Automobile
      Before getting the loan, banks require you to present the car or automobile to be bought.

Diaspora Customer Loan

If you are looking to get a loan from your banks for reasons other than to purchase or buy a new/old car, banks offer diaspora customer loans. Diaspora customer loans are given for personal reasons as:

  • Purchase of household equipment and supplies.
  • Cover domestic or foreign travel
  • Medical treatment
  • Education fee

The amount of loan given to the diaspora depends on the bank’s capital of your choice and your ability to repay the loan.

Additional Documents needed to get a Diaspora Customer Loan

To get a diaspora customer loan, besides the basic diaspora loan requirements, banks require you to present your reason for the loan and proforma invoice for the machinery or equipment you wish to purchase.