We’re committed to advancing Ethiopian's ancient tradition.
Iddir is Ethiopian’s ancient tradition widely known as a social-based, indigenous scheme with a distinct purpose of helping one another.
IDDIR SAVING
Cultivating a sense of belongingness and the ability to make a positive impact in the world.
SIMPLY & CONVIENECE
Our commitment to greatness extends beyond our offerings. We aim to foster an inclusive, supportive, and encouraging community.
- A preferential premium interest rate of default saving interest rate plus 1% will be computed on the amount of deposit.
The bank sponsor iddirs that engaged in charity activities when it maintains the minimum deposit amount of br. 200,000.00.
From the age of 13, Youth account will be opened for the teenager which comes with a Trendy Teen ATMCard (issued upon Parent’s request) so the child can learn to manage money responsibly.es.
Link your bank account (Capital One or another bank) to your child’s bank account.
You can have access to your account to transfer funds or obtain information anytime, day or night, every day of the year just by using our mobile app, online banking or card access.
Download any of the forms below, fill and email a copy of the completed form to apply@abaybanksc.com
or Drop at any AbayBank branch closest to you.
The account should be open and operated by the authorized person signatories which can present with valid and renewed ID card.
Letter of request to open the account. License from concerned government body for the legally registered iddirs.
A minimum deposit amount of Birr 20,000.00 (Twenty Thousand Birr) is required to open the account.
Acceptable or approved memorandum of article and association.
Send their allowance on schedule and make regular deposits.
Create multiple Kids Savings Accounts for each of your child’s financial goals.
Find the right financing for your business. apply@abaybanksc.com.com
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We place great importance on fostering the growth of our business, as well as our personal and professional development, recognizing these as critical elements in our pursuit of greatness.
