Tsedey Bank

Tsedey Bank

General
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Last update: Jan 12, 2024 Last update: Jan 12, 2024
General
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Details

Office:Ethiopia
Contact person:
Phone(s):
Awards in:Ethiopia
Ethiopia
Sectors:Banking
Banking
Nr. of employees:10001+
Types:Private Sector
Private Sector
Status:
Active

Attachments 0

Description

Tsedey Bank S. C. has upgraded itself and joined the banking industry with huge capital and sizable asset position. The Bank was established with a paid-up capital of Birr 7.75 billion, which is well over the regulator’s minimum capital requirement for establishing bank business in Ethiopia. Total capital of the Bank reached Birr 11.6 billion, that includes the paid-up capital, legal and special reserves. Currently, the Bank’s total asset amounted to Birr 49.7 billion.

 

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