cbe

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CHF
61.7733
63.0088
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935
,
DKK
7.6177
7.7701
,
DJF
,
JPY
0.3318
0.3384
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
XAF
0.012
0.0122
,
INR
,
KES
,
AUD
35.0416
35.7424
,
SDR
,
ZAR
,
CNY
7.1607
7.3039
,
KWD
179.4572
183.0463

awash

USD
57.4395
58.5883
,
EUR
62.7929
64.0488
,
GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
CAD
38.0352
38.7959

abyssinia

GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
EUR
62.7929
64.0488
,
USD
57.4395
58.5883
,
CAD
38.0352
38.7959
,
AED
14.1523
14.4353
,
SAR
13.8591
14.1363
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935

abay

USD
55.8018
56.9178
,
EUR
60.0874
61.2891
,
GBP
70.1819
71.5855
,
CHF
63.3607
64.6279
,
AUD
36.5948
37.3267
,
AED
15.1953
15.4992
,
CNY
7.775
7.9305
,
DKK
8.059
8.2202
,
DJF
0.3125
0.3188
,
INR
0.6691
0.6825
,
JPY
0.3816
0.3892
,
KES
0.3636
0.3709
,
NOK
5.1001
5.2021
,
SAR
14.8773
15.1748
,
ZAR
2.919
2.9774
,
SEK
5.3255
5.432
,
SDR
74.1829
75.6666

zemen

CAD
42.1542
42.9973
,
EUR
62.5113
63.7615
,
GBP
74.3797
75.8673
,
SEK
5.4388
5.5476
,
USD
57.4183
58.5667

buna

nib

GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CHF
61.7733
63.0088
,
USD
57.4395
58.5883
,
CAD
38.0352
38.7959
,
AED
14.1523
14.4353
,
SAR
13.8591
14.1363

berhan

wegagen

USD
57.212
58.3562
,
GBP
69.2475
70.6325
,
EURO
61.1024
62.3244
,
CAD
37.593
38.3449
,
AUD
34.1883
34.8721
,
CHF
61.2047
62.4288
,
SEK
4.901
4.999
,
NOK
4.8468
4.9437
,
DKK
7.4131
7.5614
,
DJF
0.2862
0.3268
,
INR
0.6848
0.6985
,
KSH
0.4418
0.4506
,
JPY
0.329
0.3356
,
SAR
13.7998
14.0758
,
AED
14.0958
14.3777
,
ZAR
3.1723
3.2357
,
CNY
7.1366
7.2793
,
KWD
178.0416
181.6024

dgb

USD
57.3597
58.5069
,
GBP
72.864
74.3213
,
EUR
61.7248
62.9593
,
CHF
63.4931
64.763
,
CAD
41.9265
42.765

enat

USD
57.2406
58.3854
,
GBP
72.5868
74.0385
,
CHF
64.4819
65.7715
,
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
15.5162
15.8261
,
ZAR
2.9861
3.0458
,
CNY
7.846
8.0029

addis

nbe

USD
57.4395
58.0139
,
GBP
74.8264
74.8552
,
CHF
64.6841
64.7133
,
SEK
5.4614
5.4629
,
NOK
5.3461
5.3473
,
DKK
8.4174
8.418
,
DJF
0.3217
0.3235
,
INR
0.6874
0.6878
,
KES
0.4393
0.4427
,
JPY
0.3667
0.3667
,
CAD
42.0279
42.031
,
AUD
38.72
38.7487
,
SAR
15.3139
15.3147
,
AED
15.6379
15.6387
,
EUR
62.7929
62.7986
,
XDR
76.1763
76.1763
,
ZAR
3.1622
3.1629
,
CNY
7.9124
7.9144
,
KWD
187.9133
188.0339

dashen

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
CHF
61.7733
63.0088
,
SEK
4.9426
5.0415
,
NOK
4.8382
4.935
,
DKK
7.6177
7.7701
,
JPY
0.3318
0.3384
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353
,
EUR
62.7929
64.0488
,
DJF
,
INR
,
KES
,
AUD
35.0416
35.7424
,
ZAR
,
CNY
7.1607
7.3039
,
KWD
179.4572
183.0463
,
AED

oromia

USD
57.4344
58.5831
,
GBP
74.4809
75.9705
,
EUR
62.6035
63.8556
,
CHF
64.1367
65.4194
,
SAR
15.3126
15.6189
,
AED
15.6365
15.9492

lion

coop

USD
57.4344
58.5831
,
GBP
74.4809
75.9705
,
EUR
62.6035
63.8556
,
SAR
15.3126
15.6189
,
AED
15.6365
15.9492

gadaa

USD
57.3701
58.5175
,
GBP
69.8498
71.2468
,
EUR
61.9425
63.1814
,
AED
14.1352
14.4179
,
SAR
13.8402
14.117
,
CHF
60.8558
62.0729

hijra

EUR
48
45
,
USD
52.46
62.82
,
GBP
96.55
101.88
,
AED
59.75
63.41
,
KWD
30
25
,
SAR
23
20

amhara

tsehay

USD
57.4395
58.5883
,
GBP
71.4592
72.8884
,
EUR
62.7929
64.0488
,
CAD
38.0352
38.7959
,
SAR
13.8591
14.1363
,
AED
14.1523
14.4353

tsedey

USD
57.4395
58.5883
,
EUR
62.7929
64.0488
,
GBP
71.4592
72.8884
,
AED
14.1523
14.4353

Personal Loan in Ethiopia 2023

Apply for a loan here

Personal Loan in Ethiopia

Personal Loan in Ethiopia

 

 

Banks in Ethiopia have plenty of loan service choices to help their customers, following  National Bank regulations. Among those loan services, Personal loan is currently becoming adaptive in many ways. Some Banks give personal loan service as customer loan/business loans and each of these 29 Banks have their features and requirements to give, meanwhile, there are common features that most of the Banks share as basic requirements. Find out which banks have the best loan services in Ethiopia on this page.

How to access Personal loan in Ethiopia/Diaspora personal loan in Ethiopia

A personal loan is a service provided for individuals who require loan services for different potential reasons, especially for urgent financial needs like

  • Individuals or family members’ medical emergency/treatment
  • Domestic or foreign travel expenses
  • Education fee expenses
  • Day-to-day personal expenses
  • Business expenses
  • Related financial liabilities

Features of Personal Loan in Ethiopia

Banks follow their organizational rules and regulation to check the individual’s eligibility for the personal borrowing in Ethiopia and individuals have to fulfill the following Basics to put a requirement for the service

  • The repayment duration for this loan service is up to 5-10 years (in most cases)
  • The highest amount of loan to access is up to 500,000
  • Loan Interest rates various 7-8% per a year
  • The Banks decide the amount of the loan for an individual based on his/her ability to repay
  •  Customers who are an employee of the company working in corporate with the Bank are customers to benefit from better service

 

Requirements for personal loan in Ethiopia

  • Renewed Identification card/passport/living license
  • Has to be a customer of the Bank
  • Ability to repay the requested loan amount (good Banking history)

 

Who is Eligible for personal loan services?

  • Ethiopian Nations who are residents in the country
  • Non-resident Ethiopian citizens living and working aboard
  • Nonresident foreign citizens with origin in Ethiopia
  • Companies owned by the above-mentioned Individuals/group of individuals.

NOTE: all the information shared above are the average common features shared by most Ethiopian Banks and every Bank has there own organizational structured regulation for each service theory provided including personal loan services/ any loan services.

Check detailed comparable information you need about all of the Banks in Ethiopia  HERE.