Ethiopia Interest Rates

The economy of Ethiopia with population of approximately 82.1 Million (Est 2011 - Central Statistical Agency of Ethiopia) ranks 70th in the world with a GDP PPP of 94.88 billion and GDP PPP per capita of 1,092 vs 48,147 (United States) according to the IMF in 2011. The national currency of Ethiopia is the Ethiopian Birr (ETB)currency. Bank deposits held for a fixed interest rate of return within Ethiopia are called fixed time deposits. CIA.gov reports estimates of iinflation at 8.1% in 2010 and 28.8% in 2011.

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Ethiopia Banks

Showing rates for 5 Bank deposit providers in Ethiopia.
BankBranchFoundedOwnership
Commercial Bank of EthiopiaCommercial Bank Of Ethiopia8301942N/A
Awash International BankAwash International Bank1201994Local
Dashen BankDashen Bank1171995Local
CBB EthopiaCBB Ethopia791975Local
Bank of AbyssiniaBank Of Abyssinia781996Local

Ethiopia Discussion Activity

  • Commercial Bank Of Ethiopia
    Q: What is tbe interest rate and the service charge on loans?

    Mesfin from Ethiopia
  • Commercial Bank Of Ethiopia
    Q: What is the lending rate of medium term loan of commercial Bank of Ethiopia?

    Micheal from Ethiopia
  • Dashen Bank
    Q: I need information aboutcorporate social responsibility .Thank you

    estifanos from Nazret, Ethiopia