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Check out News and articles about the Bank, app updates, events and more interesting information from the digital world at your fingertips.

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Sample It is a saving account for credit scheme that targets individuals particularly employees where they save a certain amount of money to get loan for purchase of a vehicle and a house. Features and Benefits:

  • For purchase of a vehicle the customer should deposit 10% of the value initially, and additional 15% within the first six months and the remaining 15% in the next six months.Then after, the Bank provides loan for the remaining 60% of the value.
  • For purchase of a house the customer should deposit 10% of the value initially and additional 10% within the first six months and the remaining 10% in the next six months.Then after, the Bank provides loan for the remaining 70% of...More

Wegagen Bank provides loan to employees of companies that are corporate customer. The loan facilities provided includes household items, vehicles and houses, with relaxed repayment schedules extending from mid to long term, depending on the loan. or this product targets employees of companies or institutions currently working with the Bank or potential customers (such as, International Organizations, Embassies, NGOs and micro-finance institutions, etc.)

Wegagen Bank provides loan to employees of companies that are corporate customer. The loan facilities provided includes household items, vehicles and houses, with relaxed repayment schedules extending from mid to long term, depending on the loan. Features and Benefits:

  • For purchase of a vehicle the customer should deposit 10% of the value initially, and additional 15% within the first six months and the remaining 15% in the next six months. Then after, the Bank provides loan for the remaining 60% of the value.
  • For purchase of a house the customer should deposit 10% of the value initially and additional 10% within the first six months and the remaining 10% ... More

This credit scheme allows Diaspora Ethiopians (Non-resident Ethiopians and Non-Resident Foreign Nationals of Ethiopian Origin) to purchase or construct residential or commercial buildings in Ethiopia by saving with the Bank certain portion of the value in advance in foreign currency for a certain period of time. Features and Benefits:

  • The loan facility is given to
  • Purchase residential house from real estate, individual sellers or associations
  • Construct residential house on their own plot of land,
  • Finish construction of residential house or commercial building.
  • Construct residential house on their own plot of land... More
Exchange Rate For Cash Notes
28th February 2021
Code Unit Buying Selling
USD 1 39.9715 40.7709
GBP 1 53.9801 55.0597
EURO 1 48.8891 49.8669
CAD 1 28.9811 29.5607
AUD 1 28.8851 29.4628
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