Tsehay Bank S.C

About Us

Tsehay Bank

Tsehay Bank S.C. is one of the private commercial banks in Ethiopia, established on July 23, 2022. It commenced operations with an authorized capital of Birr 2.8 billion and a paid-up capital of Birr 734 million. The Bank’s paid-up capital has reached Birr 1.16 billion and raised its subscribed capital to Birr 5 billion. The Bank’s branch networks have reached 88+.

Tsehay Bank aspires to serve all like the Sun does and seeks to address the unbanked community in the country through branch banking and technology. It also aims to become one of the best private Banks in East Africa. The bank provides a wide range of domestic and international banking services with respectful customer service standards.

Tsehay Bank’s Head Office is located in Addis Ababa, Sierra Leone Av, Meaza Desalegn Tower,
Kirkos Sub-City, Wereda 04, Addis Ababa, Ethiopia

Phone: +251 11 470 6854
Phone: +251 11 470 6158
Fax: +251 11 470 6152
P.O.Box: 2506
Email: info@tsehaybank.com.et

Phone: +251 11 470 6854 / +251 11 470 6158
Website: – https://tsehaybank.com.et/

Who we are

Tsehay Bank S.C. founders have envisioned filling the financial service gap and contributing to the development of the country

The Bank will strive to satisfy stakeholders’ by ensuring service excellence that appeal to the ever-diversifying and growing needs of customers. The term, “Tsehay” is an Amharic word that denotes “The Sun,” and our motto is “For All,” referring to our financial inclusion objective.

The Bank was established following the Shareholders’ General Assembly on February 18, 2021. The Bank’s official inauguration took place on July 23, 2022, which also heralded the commencement of operations in the presence of His Excellency Dr Yinager Dessie, Governor of the National Bank of Ethiopia. The bank started operations with 30 branches in Addis Ababa and other major cities and towns across the country. As of May 2024, the number of branches has reached 88.

Ownership

The bank was established as a private individuals’ share company, with 373 shareholders and a paid-up capital of Birr 734.7 million and a subscribed capital of Birr 2.8 billion.

In comparison to other industry participants, the Bank has the fewest shareholders among Ethiopian Banks. Institutional shareholders account for 35% of total share value. These shareholders have extensive experience and success in the country’s various business segments, including, agriculture, manufacturing, domestic trade, import, export and other services. This demonstrates the Bank’s ability to collaborate in order to create a successful business venture and commercial Banking service. The shareholders, on the other hand, promised to complete the payment of the remaining subscribed capital within a short period of time.

Vision

To become one of the top ten private Commercial Banks in East Africa by the year 2040

Tsehay Bank S.C assessed and described its vision in the manner of aspirational description of what the Bank would like to achieve in the future. It serves as a clear guide for choosing current and future courses of action.

Mission

We are dedicated to deliver sustainable value to our stakeholders by efficiently providing Banking service that ensures best customer Experience using qualified employees and cutting-edge technology

Tsehay Bank S.C mission statement describes what the Bank does, who it does it for, why it does it and how it does it. The mission statement is an enduring statement of purpose. It is a guide and inspirational tool for what the Bank is striving to become in the future. It is the bank’s reason for existence.

 

 

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank Job Vacancy

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank Job Vacancy, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

Tsehay Bank, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

Tsehay bank vacancy

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.

tsehay bank vacancy, one of the under formation banks, held its first establishment general assembly at Sheraton Hotel last Thursday, February 18. The Bank had received permission from the Central Bank to begin selling shares last year in October 2020.

The organizing committee decided to go for the lowest share sell to be 100,000 birr whilst the highest a shareholder can buy was 100 million birr.
The Bank has amassed almost 735 million birr in paid-up capital from a total of 2.9 billion birr subscribed shares through 373 shareholders.
Tsehay Bank is among around a dozen banks that are currently under formation in the country.