Open a Diaspora account with our bank now to make your dreams come true. If you have already opened a Diaspora account with our bank, you will have to change your fixed time and current account to a non-repatriable saving account to get benefit from this special opportunity. Diaspora community who open a non-repatriable savings account to take advantage of this special opportunity will continue to be charged a maximum annual interest rate of 10% based on the minimum interest rate set by the National Bank until they receive the loan service.
When Diasporas make their expected payments and outstand- ing debts in foreign currencies (dollars, euros and pounds sterling); If the Diaspora beneficiaries of the credit service return to their country before paying their debts in full, they can make their payments in birr. For this purpose, 13-19% interest is considered for both building and housing loans depending on the type of loan. Buildings, houses, vehicles and machineries are bought on credit are held as collateral until the expected debt is fully paid. If your choice is mobile machinery, our bank is ready to accommodate your needs. To benefit from this loan service, you have to save 20% of the total loan amount in foreign currency at our bank and the remaining 80% will be covered by the bank. The loan term varies depending on the type of loan from 5 years to 15 years.
