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Investment Solution Account

It is a saving account with a term deposit feature

Targeted Beneficiaries

          The account is designed for individual Employees, Small and Medium Enterprises, Associations, Trade Unions, and etc.

Features & Benefits 

          The account is transacted through passbook.

          Deposit period ranges from a minimum of one year to ten years.

          The account yield high interest rate range between 5.5% to 7.5%.

          The minimum initial deposit and monthly installment amount is to be Birr 1,000 for personal account customers and Birr 3,000 for business or organization account customers.

          At the time of maturity the depositor can avail Term loan up to 60% of the total installment amount.

Requirement

          Investment solution account opening procedures and formalities of the Bank will be followed

 

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Exchange Rate for Transactions

July 05, 2022
CURRENCY BUYING SELLING
USD 52.0141 53.0544
EUR 54.3495 55.4365
GBP 63.0723 64.3337
CAD 40.4874 41.2971
AED 14.1593 14.4425
CHF 54.2209 55.3053

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