Support to Business Organisations and their Access to Markets (BOAM)

Financial Institutions

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  Programme Elements:

 Programme Approach

 Public Private
 Partnership (PPP)

 Networking

 Funds

 Achievements

 Success Stories

 Lessons learned

  Partner Organizations:

 Business Support
 Institutions

 Financial Institutions

 Business Associations

 Chambers of Commerce

  Value Chains:

 Value Chain Approach

   1 Milk Products

   2 Oil Seed Products

   3 Honey / Beeswax

   4 Pineapple

 Southern Portfolio:

   5 Mango Value Chain

   6 Highland Fruits

 

 Trade and Investment

 

 

In the following please find the major financial institutions that are in collaboration with our value chain development intervention.

AEMFI Micro Finance Network

 

AEMFI Micro Finance Network


 Banks [top]                                                                                                                          


Awash International Bank, Addis Ababa  [top]

Fields of intervention: To meet the needs of the emerging private sector for quality and dependable domestic and international banking service, expanded diversify commercial banking services in response to the growing demands of customers, contribute  towards the economic and social development of the country and operate profitably in a sustainable manner.

Current activities: Mobilizes all types of deposits (savings, demand and time)and pay interest on interest –bearing accounts, provides loans and advances to its customers ,including long term investment/project financing, renders domestic and international money transfer services, provides  international banking services (import & export operations) ,handles foreign currency transactions, maintaining and operating non-resident accounts ,provide deposit services in foreign currency for Ethiopian & foreign nationals.

Contact person:  Leikun Birhanu

Address: P.O.Box 12638 Addis Ababa, Tel. +251- 011-6614482/85, Fax: +251-011-6614477

E-mail: awash.bank@telecom.net.et

 

Bank of Abyssinia (BOA), Addis Ababa  [top]

Fields of intervention: BOA strives to serve all economic sectors and pockets in its branches

Current activities: Current account (checking),savings account, nonresident/non-transferable account, overdraft facilities, term loans , merchandise loans, time deposits, letters of credit, bureau de change, guarantees,  special saving account(combination of saving & current account) and telebank.

Contact person: Kebede Temesgen

Address: P.O.Box 12947 Addis Ababa, Tel. +251- 011-(5530663/5533847/5514130)

Fax: +251-01-511575/510409, E-mail: kebsadaq@bankofabyssinia.com

E-mail: Abyssinia@telecom.net.et

 

Cooperative Bank of Oromia  [top]

Current activities: Mobilize deposit and promote the culture of saving whereby guarantees the supply of funds; create access to loans and advances and similar banking services for broad portions of populations, and to earn a profit.

Fields of intervention: Accept demand, saving and time deposits and money transfer; granting loans and advances; issue letters of credit; buy, sell, hold and otherwise deal in foreign exchange; encouraging  income generating projects; providing financial counseling services; administer managed funds; draw, accept, discount, buy, and sell bills of exchange, drafts and promissory notes payable within or outside Ethiopia; issue cheques and traveler cheques, and generally deal in cheques; negotiate, underwrite and mange the issue of shares, bonds and debentures; Purchase shares in the name of and for the account of the bank in productive and service enterprises and sell such shares; act as agent for the bank’s customers and in this capacity ,engage in the purchase and sale of money and securities; enter into contract s of surety ship on guarantee with or with out security; acquire ,maintain and sell residential and business premises as deemed necessary for conducting the company business ; Borrow money for the purpose of conducting  the company’s business, pledge, hypothecate or assign the company’s assets as security for money borrowed and engage in all other banking business transactions.

Location: Addis Ababa/Beklobet-Debreziet Avenue

Contact person: Dginet Hailu

Address: P.O.Box 16936 Adds Ababa, Tel. +251- 011-(5510037/4672412/13)

E-mail: coopbank@telecom.net.et

 

NIB International Bank  [top]

Fields of intervention: To provide efficient commercial banking services to the business community and the public at large; help spread and deepen banking habit among the public; introduce and popularize modern banking practices in the country and maximize operational results and thereby enhance shareholders benefits.

Current activities: Product and services include demand deposits (Checking Account), Normal Saving Account, Fixed time deposit, Minors Saving Accounts, Holiday, Vacation and Special Purpose Saving Accounts, Specific saving Accounts, Credit facilities, Money Transfers services, International banking services(correspondent banking relationship & money transfer services).

Location: Addis Ababa/Dembel City Center

Contact person: Amerga Kassa/Ayalew 

Address: P.O.Box 622694 Addis Ababa, Tel. +251- 011-(5505032 /6622693/5503288)

Fax: +251-011- 4655015, E-mail: nibbank@telecom.net.et

 


 Micro Finance Institutions [top]                                                                                        


 

Association of Ethiopian Microfinance Institutions (AEMFI)

Objective: To ensure the development of a sustainable institutional structure through promoting best.

Current activities: Key Programmes and activities include: training, performance monitoring, advocacy, technical assistance, research, networking, exposure visits, resource center, and fund raising

Address: P.O.Box 338 Code 1110 Addis Ababa

Tel. +251- 011-5503829, Fax: +251-011-5503830, E-mail: aemfi@telecom.net.et

 

AEMFI Members in our project regions:

 

Oromia Credit and Saving Company

Place:  Addis Ababa, Tel. +251-011-5534870/72, 091(1201956), E-mail: ocssco@telecom.net.et

 

Meklit Microfinance Institutions S.C.

Place:  Addis Ababa, Tel. +251-011-1552274, 091(1204849), E-mail: mmfi@telecom.net.et

 

Omo Microfinance Institutions S.C.

Place:  Awassa, Tel. +251-046-(2204947/2201395/2202051)

 

Sidama Microfinance Institutions S.C.

Place:  Addis Ababa, Tel. +251-046-(2200850/2204704), E-mail: sdc10@telecom.net.et

 

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