cbe

USD
131.5086
134.1388
,
GBP
174.4955
177.9854
,
EUR
149.8277
152.8243
,
CHF
156.9823
160.122
,
SEK
13.4396
13.7084
,
NOK
12.8108
13.0671
,
DKK
19.7202
20.1146
,
DJF
,
JPY
0.8912
0.909
,
CAD
94.2697
96.1551
,
SAR
35.069
35.7703
,
AED
35.809
36.5252
,
INR
,
KES
,
AUD
83.7181
85.3925
,
ZAR
,
CNY
17.9542
18.3133
,
KWD
420.8198
429.2362

awash

abyssinia

abay

USD
132.9817
135.6413
,
GBP
180.9215
184.54
,
EUR
154.2986
157.3846
,
AED
36.2052
36.9293
,
ZAR
7.4811
7.6308
,
SAR
35.4561
36.1652
,
JPY
0.9125
0.9308
,
CHF
164.8669
168.1643
,
AUD
86.345
88.0719
,
CNY
18.5371
18.9079

zemen

CAD
99.0408
101.0216
,
EUR
155.998
159.118
,
GBP
173.9501
177.4291
,
SEK
14.0584
14.3396
,
USD
134.4019
137.0899

buna

USD
134.1009
136.7829
,
EUR
154.9901
158.0899
,
GBP
178.2021
181.7661
,
AED
36.192
36.9158
,
SAR
35.7075
36.4217
,
CAD
94.006
95.8861
,
AUD
64.239
65.5238
,
JPY
0.94
0.9588

nib

USD
133.7081
136.3822
,
GBP
184.2764
187.962
,
EUR
158.0028
161.1629
,
CHF
169.6587
173.0519
,
CAD
98.3147
100.281
,
AED
36.401
37.129
,
SAR
35.6498
36.3628

berhan

wegagen

USD
134.1927
136.8766
,
GBP
183.1731
186.8366
,
EUR
158.0522
161.2132
,
CHF
169.0023
172.3823
,
SEK
14.0366
14.3173
,
CNY
18.7333
19.1081
,
JPY
0.9259
0.9444
,
AED
36.5407
37.2715

dgb

USD
132.0724
134.7138
,
EUR
148.5321
151.5027
,
GBP
167.2316
170.5762
,
CHF
130.8214
133.4378
,
SAR
29.9468
30.5457
,
AED
35.8921
36.6099
,
CAD
79.1617
80.7449

enat

USD
133.1112
135.7734
,
EUR
150.8905
153.9083
,
GBP
175.6636
179.1769

ahadu

USD
133.6323
136.3049
,
GBP
180.1432
183.7461
,
EUR
154.5012
157.5912
,
CAD
94.4677
96.3514
,
SAR
35.0504
35.7514
,
AED
35.7909
36.5067

addis

USD
134.17
136.8534
,
EUR
157.3696
160.517
,
GBP
184.1205
187.8029
,
SAR
35.7729
36.4884
,
CHF
167.9855
171.3452
,
AED
36.5307
37.2613
,
KWD
0
0

dashen

USD
134.3246
137.0111
,
EUR
155.8165
158.9329
,
GBP
181.3382
184.965
,
CAD
87.848
89.6049
,
AED
33.0957
33.7576
,
SAR
32.4031
33.0512
,
CNY
16.8383
17.1751

oromia

USD
134.3633
137.0506
,
GBP
177.0371
180.5778
,
EUR
148.8611
151.8383
,
CHF
169.3299
172.7165
,
SAR
35.8263
36.5429
,
AED
36.5774
37.3089

lion

USD
134.0414
136.7222
,
GBP
180.27
183.8754
,
EUR
154.9538
158.0529

developmentbank

USD
132.3534
135.0005
,
GBP
181.3903
185.0181
,
EUR
155.8064
158.9226
,
CHF
166.9864
170.3261
,
SEK
13.913
14.1913
,
NOK
13.1139
13.3762
,
DKK
20.8812
21.2988
,
DJF
0.7413
0.7561
,
JPY
0.9195
0.9379
,
CAD
96.9906
98.9304
,
SAR
35.2914
35.9972
,
AED
36.0312
36.7518
,
INR
1.5443
1.5752
,
KES
1.0224
1.0429
,
AUD
86.9165
88.6548
,
SDR
172.5888
176.0406
,
ZAR
7.4931
7.6429
,
CNY
18.464
18.8332
,
KWD
433.5765
442.248

coop

USD
133.7406
136.4154
,
GBP
176.331
179.8576
,
EUR
151.4649
154.4942
,
AED
34.994
35.6938
,
SAR
34.2674
34.9528

gadaa

USD
134.1095
136.7917
,
GBP
165.8019
169.1179
,
EUR
152.1936
155.2375
,
AED
33.7659
34.4412
,
SAR
33.0073
33.6674
,
CHF
134.1436
136.8265

hijra

USD
132.1301
134.7727
,
EUR
148.063
151.0242
,
GBP
173.3231
176.7895
,
SAR
35.8505
36.5675
,
AED
36.6058
37.3379

amhara

USD
134.6599
137.3531
,
GBP
184.8746
188.5721
,
EUR
157.7541
160.9092
,
CAD
98.6086
100.5808
,
AED
36.6691
37.4025
,
SAR
35.9055
36.6236

tsehay

USD
132.8509
135.5079
,
GBP
169.2591
172.6443
,
EUR
148.836
151.8127
,
CAD
89.6864
91.4801
,
SAR
33.3311
33.9977
,
AED
34.0606
34.7419
,
AED

tsedey

USD
134.2875
136.9732
,
EUR
158.2847
161.4503
,
GBP
183.3293
186.9959
,
AED
36.5567
37.2879
,
CHF
169.2344
172.6191
,
SEK
14.0637
14.345
,
NOK
13.3285
13.5951
,
DKK
21.2131
21.6374
,
DJF
0.7521
0.7671
,
INR
1.5726
1.6041
,
JPY
0.9333
0.952
,
CAD
98.8062
100.7823
,
SAR
35.8062
36.5223
,
ZAR
7.6611
7.8144
,
CNY
18.7476
19.1226
,
KWD
439.9526
448.7517
,
KES
1.0374
1.0581

siinqee

USD
134.08
136.7616
,
EUR
157.015
160.1553
,
GBP
181.7173
185.3516
,
SAR
23.1262
23.5887
,
CHF
123.4786
125.9482
,
AED
36.3332
37.0599

hibret

USD
133.2001
135.8641
,
GBP
175.1027
178.6048
,
EUR
156.2897
159.4155
,
AED
36.2617
36.9869
,
CAD
97.6111
99.5633
,
CNH
18.5821
18.9537
,
CHF
148.0209
150.9813

gohbetoch

USD
134.1805
136.8641
,
EUR
154.0142
157.0945
,
GBP
178.6217
182.1941
,
AED
35.7081
36.4222

zamzam

USD
132
134.64
,
GBP
177.072
180.6134
,
AED
36.2533
36.9784
,
EUR
149.748
152.743
,
SAR
35.3367
36.0434
,
CAD
95.625
94.5375
,
CHF
160.185
163.3887

nbe

JPY
0.9361
0.9454
,
KWD
442.2143
446.6364
,
CNY
18.8636
19.0522
,
ZAR
7.5564
7.632
,
XDR
185.8444
187.7029
,
EUR
158.4622
160.0469
,
AED
36.835
37.2033
,
SAR
36.0709
36.4316
,
AUD
88.4104
89.2945
,
CAD
99.0464
100.0369
,
USD
135.2875
135.4483
,
KES
1.0447
1.076
,
INR
1.5817
1.5976
,
DJF
0.7577
0.7804
,
DKK
21.2392
21.4516
,
NOK
13.4303
13.5646
,
SEK
14.2729
14.4157
,
CHF
169.3846
171.0785
,
GBP
185.6821
187.5389

binance

USDT
160.36
160

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Top Banks in Ethiopia

Banks Ethiopia is a bank comparison website for banks in Ethiopian market.


USD

BankBuyingSellingDifference
135.29 135.45 ± 0.16
134.66 137.35 ± 2.69
134.4 137.09 ± 2.69
134.36 137.05 ± 2.69
134.32 137.01 ± 2.69
134.29 136.97 ± 2.69
134.19 136.88 ± 2.68
134.18 136.86 ± 2.68
134.17 136.85 ± 2.68
134.11 136.79 ± 2.68
134.1 136.78 ± 2.68
134.08 136.76 ± 2.68
134.04 136.72 ± 2.68
133.74 136.42 ± 2.67
133.71 136.38 ± 2.67
133.63 136.3 ± 2.67
133.2 135.86 ± 2.66
133.11 135.77 ± 2.66
132.98 135.64 ± 2.66
132.85 135.51 ± 2.66
132.35 135 ± 2.65
132.13 134.77 ± 2.64
132.07 134.71 ± 2.64
132 134.64 ± 2.64
131.51 134.14 ± 2.63


GBP

BankBuyingSellingDifference
185.68 187.54 ± 1.86
184.87 188.57 ± 3.7
184.28 187.96 ± 3.69
184.12 187.8 ± 3.68
183.33 187 ± 3.67
183.17 186.84 ± 3.66
181.72 185.35 ± 3.63
181.39 185.02 ± 3.63
181.34 184.97 ± 3.63
180.92 184.54 ± 3.62
180.27 183.88 ± 3.61
180.14 183.75 ± 3.6
178.62 182.19 ± 3.57
178.2 181.77 ± 3.56
177.07 180.61 ± 3.54
177.04 180.58 ± 3.54
176.33 179.86 ± 3.53
175.66 179.18 ± 3.51
175.1 178.6 ± 3.5
174.5 177.99 ± 3.49
173.95 177.43 ± 3.48
173.32 176.79 ± 3.47
169.26 172.64 ± 3.39
167.23 170.58 ± 3.34
165.8 169.12 ± 3.32


EUR

BankBuyingSellingDifference
158.46 160.05 ± 1.58
158.28 161.45 ± 3.17
158.05 161.21 ± 3.16
158 161.16 ± 3.16
157.75 160.91 ± 3.16
157.37 160.52 ± 3.15
157.02 160.16 ± 3.14
156.29 159.42 ± 3.13
156 159.12 ± 3.12
155.82 158.93 ± 3.12
155.81 158.92 ± 3.12
154.99 158.09 ± 3.1
154.95 158.05 ± 3.1
154.5 157.59 ± 3.09
154.3 157.38 ± 3.09
154.01 157.09 ± 3.08
152.19 155.24 ± 3.04
151.46 154.49 ± 3.03
150.89 153.91 ± 3.02
149.83 152.82 ± 3
149.75 152.74 ± 3
148.86 151.84 ± 2.98
148.84 151.81 ± 2.98
148.53 151.5 ± 2.97
148.06 151.02 ± 2.96

See all Exchange rates

Commercial Bank of Ethiopia (CBE)

Commercial Bank of Ethiopia (CBE)

8.2 Rating

15.5% Loan Interest

Widely used Internet banking

Most bank with several branches and ATMs

Prize Linked Saving

CBE Birr CBE NOOR

For business

Dashen Bank

Dashen Bank

8 Rating

13.7% Loan Interest

Amole Wallet

Gold debit card

Green card

Dube Ale, Amole Digital Banking

Pay from your mobile

Hibret Bank

Hibret Bank

7.6 Rating

14% Loan Interest

Hiber-ET

Hiber Shebamile Card

Hiber Agent Banking

Diaspora Banking

Convenient Banking

Best Ethiopian Birr Exchange Rate Of Today

Ethiopian Birr Exchange Rate

Here is the list of today’s Birr Exchange Rate of banks in Ethiopia. You can also view all top Ethiopian banks exchange rates in one place.

best transaction rates


Code Buying Selling Banks

USD

($)

135.28

135.44

European Union

EUR

(€)

158.46

160.04

GBP

(£)

185.68

187.53

USDT logo

USDT

160.36

160

Best Independent Forex Rates


Code Buying Selling Banks

USD

($)

151.05

154.50

European Union

EUR

(€)

170.00

173.40

GBP

(£)

195.00

198.90

How Many Banks are There in Ethiopia?

The Ethiopian banking system consists of a state-owned development bank, a government-owned commercial bank, and 26 rank of private bank. These are the types of banks in Ethiopia.

Simply put, there are only two government banks in Ethiopia. On the other hand, when the question of how many private banks are there in Ethiopia comes up, the answer is right now, there are around 26 list of private banks in Ethiopia.

On average, private Ethiopian banks profit in Ethiopia has reached over a billion Birr gross profit. To mention, in the annual report for 2014 E.C, Awash bank made 7.45 billion, while Enat Bank’s was 377 million. For detailed information on the annual report for all Ethiopian banks’ profit for the budget year 2021/22, read this article.

According to www.privacyshield.gov Commercial Bank of Ethiopia (CBE) holds more than 60 percent of total bank deposits, bank loans, and foreign exchange. NBE controls the bank’s minimum deposit rate, which now stands at 7 percent, while bank loan interest rate in ethiopia are allowed to float.

There are many factors customers consider when deciding whether an Ethiopian banks interest rate is good or not, or other advantages. Our task is to help you to find the best bank in Ethiopia for your needs.

List of All and New Banks in Ethiopia

Filter to Answer

Which bank has the highest saving interest rate in Ethiopia ?
Which bank has the lowest loan interest rate in Ethiopia ?
Which bank has the best diaspora benefits ?
Which bank has good customer Service ?

Commercial Bank of Ethiopia (CBE)

Commercial Bank of Ethiopia (CBE)

8.2 Rating

15.5% Loan Interest

Widely used Internet banking

Most bank with several branches and ATMs

Prize Linked Saving

CBE Birr CBE NOOR

For business

Bank of Abyssinia

Bank of Abyssinia

7.7 Rating

16% Loan Interest

Ecommerce Payment Gateway

Virtual Banking

Customer Support

E-Commerce

Simplify Customer Experience

Awash Bank

Awash Bank

7.6 Rating

15% Loan Interest

Banking and Services for micro finance institutions

School Tution Fee Collection Services

Lucy Women's Saving

Business Banking

Plenty of business banking choices

Abay Bank

Abay Bank

7.2 Rating

15% Loan Interest

Zero Balance Accounts

Muday Services

Agent Banking

Abay Bedeje

A banking service closer to home

Addis International Bank

Addis International Bank

6.8 Rating

14% Loan Interest

NR & FCY Accounts

Consumer Goods Purchase Saving

Revolving Credit

Consumer Goods Purchase Saving

Accessible loans granted to purchase consumer goods

Amhara Bank

Amhara Bank

6.4 Rating

13% Loan Interest

Support innovation and entrepreneurship

Encourage investment

Serve as a trustee or as an agent

Berhan Bank

Berhan Bank

8.4 Rating

15.5% Loan Interest

Salary Fund Management

Premium Savings Accounts

Online School Pay

Berhan School Pay

Time saving payment method

Bunna Bank

Bunna Bank

7.5 Rating

14.5% Loan Interest

Bunna Minor's Trust Account

Bunna Student Fund Transfer Account

Bunna Salary Drawing Account

Bunna Gold Checking Account

Multi Service Interest Bearing Account

Cooperative Bank of Oromia

Cooperative Bank of Oromia

7.6 Rating

15% Loan Interest

Diaspora Banking

Loans and Advances

Interest-Free Banking

Cooperatives Financing

Financing agricultural products

Dashen Bank

Dashen Bank

8 Rating

13.7% Loan Interest

Amole Wallet

Gold debit card

Green card

Dube Ale, Amole Digital Banking

Pay from your mobile

Global Bank Ethiopia

Global Bank Ethiopia

7.1 Rating

14.2% Loan Interest

Target Saving Deposit

Diaspora & Mortgage Mortgage Loan

Online Services

Financial Advisory

Free Advisory Service

Enat Bank

Enat Bank

7 Rating

14% Loan Interest

Women Banking

SME Banking

Enat Bilhat

Women Financing

Special Financing for Women

Hibret Bank

Hibret Bank

7.6 Rating

14% Loan Interest

Hiber-ET

Hiber Shebamile Card

Hiber Agent Banking

Diaspora Banking

Convenient Banking

Lion Bank

Lion Bank

7.4 Rating

14.5% Loan Interest

Partial Financing

Anbesa Platinum Saving Account

Consignment Payment

Anbesa HelloCash

Mobile Money Platform

Nib Bank

Nib Bank

7.5 Rating

13.5% Loan Interest

Domestic Banking

Credit Products

Trade services within the International Banking

Guzo Gojo Saving

Receive and Save

Oromia Bank

Oromia Bank

7.1 Rating

14% Loan Interest

Current Account Protection

Diaspora Focused Financing

Bank Guarantee Service

Interest Free Banking

Multi Service IFB

Wegagen Bank

Wegagen Bank

7.2 Rating

16% Loan Interest

Nigat Saving

Diaspora Mortgage Loan

Trade Services

Agar Saving

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

ZamZam Bank

ZamZam Bank

5.4 Rating

0% Loan Interest

Interest Free Banking

Islamic Bank

First full pledged Islamic bank

Zemen Bank

Zemen Bank

7.7 Rating

16% Loan Interest

Customer Focused

Professional

Daily Interest Rate

Pre Paid Cards

Debit card linked with Zemen Account

Shabelle Bank

Shabelle Bank

7.3 Rating

0% Loan Interest

Interest free banking

Islamic Bank

first Somali-owned bank in Ethiopia

The first Somali-owned Bank

Ahadu Bank

Ahadu Bank

6.7 Rating

16% Loan Interest

Agent Banking Services

Card & Branch Banking

Maiden Financial Entry

Siinqee Bank

Siinqee Bank

4.9 Rating

14% Loan Interest

Deiaspor Banking and loan

MFI loan

Agrecultural loan

Interest free Banking

Micro-Finanace institution's loan

Tsehay Bank

Tsehay Bank

5.8 Rating

15% Loan Interest

IFB

Eldery saving account

International Banking

Fajr (Interest free banking )

How to Choose the Best Banks in Ethiopia

How to Choose the Best Bank in Ethiopia

Since Ethiopia has one of the world’s fastest-growing economies, various classification of banks in Ethiopia (Ethiopian Bank) offer multiple banking services and benefits to millions of Ethiopian Citizens, both locally and internationally.

We are a dedicated website where you can find easier access to information on different financial institutions in Ethiopia, helping you find the right bank for your desired and targeted purpose.

Total number of banks in Ethiopia

  • 1 Central bank
  • 1 Government Commercial bank
  • 28 Private banks
  • 3  Interest free banks

More on How Many Banks are Available in Ethiopia

With around 100,000 shareholders, there are 28 banks operating in Ethiopia up to date. This makes the country an interactive, captivating space for foreign investment as there are a wide options to choose from.

Surprisingly, Ethiopia’s economy is seeing an unprecedented surge, as World Bank reported that the growth averaging 9.8% a year from 2008/09 to 2018/19.

And in this comprehensive guide, we have reviewed Ethiopian banks ranking (Ethiopian Banks List) and Ethiopian private banks profit. We’ve also added a sorting option in order to help you find the best services and best banks in Ethiopia based on your preference needs.

To start with, see the list, compare and read about the various services and click on read review for more details. When you find something you like, simply find the contact information on the review detail page and make a call.

Additionally, we have a separate pages for diaspora mortgage loan in ethiopia, diaspora vehicle loan in ethiopia and diaspora accounts in Ethiopia. So if you are a Ethiopian who lives abroad, these might be the sections just for you.

How We Rate the Best Banks in Ethiopia

Based on the features below, we were able to create a score between 1-10, where 1 is a low score and 10 being the best possible score:

  • Good customer service.
  • Easily accessible information.
  • Smooth online banking.
  • Easy to use mobile banking services.
  • Availability of credit and loans.
  • Low loan interest rate.
  • High saving interest rate.
  • Great diaspora benefits.

Why Change Your Current Bank?

There are several reasons why you want to change your current bank depending on your financial circumstances.

Changing a bank may allow you to take advantage of higher saving interest rates, lower loan interest rates, and other benefit packages including credit and loan availability.

Among the several banks out there in Ethiopia, changing your current bank may not be an easy decision to make.

Banks Ethiopia has some suggestions you need to consider before changing your bank. Here are some of the key reasons why Ethiopians are considering changing a bank.

Things to Consider Before Changing Your Bank in Ethiopia

Before changing your current Bank, consider the following things:

Is Your Bank Using Modern Banking Systems (e-Banking)?

Technology has made banking much faster for both customers and banks. Some banks are not growing as the technology era grows fast. Some e-Banking features you might need are:

  • Internet Banking.

Internet Banking is also known as Online Banking. It is a banking service that allows you to access all banking services from a computer or a phone with internet access 24/7. Services of Internet Banking include download and print bank statements, fund transfers, online bill payments, and controlling loan progress.

Some Banks do not have these features. If you are the type of person who wants information about your finances from wherever you are it may be a factor to consider changing your bank.

  • Mobile Banking.

Some features of mobile banking include obtaining account balances and lists of latest transactions, electronic bill payments, remote check deposits, and funds transfers between customers or another’s accounts.

Is Your Bank’s Customer Service Poor?

If your bank had great customer service at the time you opened your account but dropped over the years. Or if you don’t like the branch atmosphere you may consider checking out other banks in Ethiopia with great customer experience.

Great customer service includes services such as

  • Long customer service open hours.
  • Abundance of ATMs and Branches.
  • Great in-person interaction with bank staff.
  • Instantaneous resolution of issues such as (canceling your card when you lose it).

Do you want Higher Saving Ethiopian Bank Interest Rate?

On the off chance that you’re getting near-zero rates in your investment funds account, it’s worth assessing options. But high-interest rates alone might not be cause for changing a bank.

Changing your account will make sense if you will essentially gain more somewhere else, so run a few numbers and decide on the off chance that it makes sense to require action.

Do you want Loans without Collateral?

Most Banks in Ethiopia as a rule require a few kinds of ensuring mechanisms in case you can’t pay back your credit. This by and large comes within the shape of collateral—tangible or intangible resources that the bank can offer to induce its cash back on the off chance that you halt paying the credit.

Collateral can be a physical asset—a vehicle, hardware or building—or other things such as accounts receivable, stock, mental property or the commerce owner’s individual assets.

Changing your bank looks like a difficult task to do, but when it comes to your money, your comfort and fulfillment ought to be the best need. With numerous most profitable bank in Ethiopia, there’s truly no reason to stay with an unsatisfactory bank. Either attempt to make the relationship right, or make a decision – but do what’s best for you.

 

Customer Favourite Banks In Ethiopia

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Zemen Bank

Zemen Bank

Pre Paid Cards

Debit card linked with Zemen Account

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Awash Bank

Awash Bank

Business Banking

Plenty of business banking choices

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Commercial Bank of Ethiopia (CBE)

Commercial Bank of Ethiopia (CBE)

CBE Birr CBE NOOR

For business

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Bank of Abyssinia

Bank of Abyssinia

E-Commerce

Simplify Customer Experience

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