Nib International Bank (NIB) was established on 26 May 1999 under license no. LBB/007/99 in accordance with the Commercial Code of Ethiopia and the Proclamation for Licensing and Supervision of Banking Business Proclamation no. 84/1994 with the paid up Capital of birr 27.6 million and authorized capital of Birr 150 million by 717 Shareholders. The Bank commenced its operation in 28 October 1999 by 27 employees....
|02 DECEMBER 2022|
A person who is making a deposit with the bank is known as a depositor/ someone who puts money in Nib Bank/.
Savings account is an interest bearing deposit. Individuals, organizations and associations can maintain saving accounts as long as they are legal and meet the procedural requirements set by the Bank. Deposit and withdrawal from this account shall be made upon presentation of the passbook issued to the account holder at the time of opening. The account is opened with the minimum initial deposit of only Birr 10.00.
No matter what your business is, whatever you do, you can save even fraction of cents every day but you don’t need to come to our bank. We are coming to your home with our innovative saving service known as Nib kefo Saving.
Lucy deposit account is women saving account established to encourage women to save and earn higher interest rate. Any women can open lucy saving account with an initial deposit amount not less than Birr 10 (ten).
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