cbe

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

GBP

67.9672

69.3265

,

CHF

59.4683

60.6577

,

EUR

60.9864

62.2061

,

USD

56.8903

58.0281

,

CAD

37.6633

38.4166

,

AED

14.0174

14.2977

,

SAR

13.7269

14.0014

,

SEK

4.7417

4.8365

,

NOK

4.706

4.8001

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

41.4683

42.2977

,

EUR

60.7928

62.0087

,

GBP

70.741

72.1558

,

SEK

5.2235

5.328

,

USD

56.8795

58.0171

buna

nib

GBP

67.9672

69.3265

,

EUR

60.9864

62.2061

,

CHF

59.4683

60.6577

,

USD

56.8903

58.0281

,

CAD

37.6633

38.4166

,

AED

14.0174

14.2977

,

SAR

13.7269

14.0014

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

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

56.8903

58.0281

,

GBP

67.9672

69.3265

,

CHF

59.4683

60.6577

,

SEK

4.7417

4.8365

,

NOK

4.706

4.8001

,

DKK

7.4005

7.5485

,

JPY

0.331

0.3376

,

CAD

37.6633

38.4166

,

SAR

13.7269

14.0014

,

AED

14.0174

14.2977

,

EUR

60.9864

62.2061

,

DJF

,

INR

,

KES

,

AUD

33.6202

34.2926

,

ZAR

,

CNY

7.1049

7.247

,

KWD

176.4157

179.944

,

AED

oromia

USD

55.4509

56.5599

,

EUR

58.7724

59.9478

,

GBP

64.394

65.6819

,

SAR

13.3775

13.6451

,

CHF

59.3141

60.5004

,

AED

13.662

13.9352

lion

USD

56.8323

57.9689

,

GBP

67.6047

68.9568

,

EUR

60.623

61.8355

coop

USD

56.8323

57.9689

,

GBP

70.7903

72.2061

,

EUR

60.623

61.8355

,

SAR

15.1496

15.4526

,

AED

15.4721

15.7815

gadaa

USD

56.8323

57.9689

,

GBP

67.6047

68.9568

,

EUR

60.623

61.8355

,

AED

14.0023

14.2823

,

SAR

13.7104

13.9846

,

CHF

59.7478

60.9428

hijra

EUR

61.5525

62.7836

,

USD

56.0843

57.206

,

GBP

71.5355

72.9662

,

AED

15.2681

15.5735

,

CAD

41.9322

42.7708

,

SAR

14.9478

15.2468

Upcoming and New Banks in Ethiopia

New Banks in Ethiopia start operating after they get approval from the National Bank of Ethiopia (NBE). If you want to find out which one recently got their approval from NBE, check the lists below. If you also want to buy bank shares of these operations and find more information on where to find them visit each of the reviews below. Diasporas, Ethiopians working and living abroad can also buy shares of these banks.

Amhara Bank

6.7 Rating

7% Saving Interest

Support innovation and entrepreneurship

Encourage investment

Serve as a trustee or as an agent

Investment Bank

Read Review Visit Website

Ahadu Bank

6.7 Rating

7% Saving Interest

Agent Banking Services

Card & Branch Banking

Maiden Financial Entry

Read Review Visit Website

Shabelle Bank

7.3 Rating

0% Saving Interest

Interest free banking

Islamic Bank

first Somali-owned bank in Ethiopia

The first Somali-owned Bank

Read Review Visit Website

Hijra Bank

7.2 Rating

0% Saving Interest

Interest Free Banking

Islamic Bank

AAOIFI based core banking system

Read Review Visit Website

OMO Bank

Coming Soon

Micro finance service

Read Review Visit Website

Other Recently Established Banks in Ethiopia

Ethiopia being one of the fast-growing economies encourages the formation and establishment of multiple new banks. Out of all banks in Ethiopia, more than half of them were established in the last 10 years. Here are the recently established banks along with their full information of benefits, interest rate, and many more.

Abay Bank

7.2 Rating

7.2% Saving Interest

Zero Balance Accounts

Muday Services

Agent Banking

Abay Bedeje

A banking service closer to home

Read Review Visit Website

Cooperative Bank of Oromia

Cooperative Bank of Oromia

8.2 Rating

7% Saving Interest

Diaspora Banking

Loans and Advances

Interest-Free Banking

Cooperatives Financing

Financing agricultural products

Read Review Visit Website

Global Bank Ethiopia

Global Bank Ethiopia

7.8 Rating

7% Saving Interest

Target Saving Deposit

Diaspora & Mortgage Mortgage Loan

Online Services

Financial Advisory

Free Advisory Service

Read Review Visit Website

Lion Bank

8 Rating

7% Saving Interest

Partial Financing

Anbesa Platinum Saving Account

Consignment Payment

Anbesa HelloCash

Mobile Money Platform

Read Review Visit Website

ZamZam Bank

5.4 Rating

0% Saving Interest

Interest Free Banking

Islamic Bank

First full pledged Islamic bank

Read Review Visit Website

Customer Favourite Banks In Ethiopia

Zemen Bank

Pre Paid Cards

Debit card linked with Zemen Account

Awash Bank

Business Banking

Plenty of business banking choices

Commercial Bank of Ethiopia (CBE)

Commercial Bank of Ethiopia (CBE)

CBE Birr CBE NOOR

For business

Bank of Abyssinia

E-Commerce

Simplify Customer Experience