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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

JAN 22, 2021
CURRENCY BUYING SELLING
USD 39.3757 40.1632
EURO 47.7785 48.7341
GBP 54.0274 55.1079
CAD 31.1788 31.8024
AED 10.7189 10.9333

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