Deposit Products

Open to individuals aged 18 and above, with minors able to open through parents or legal guardians.

• Initial deposit to open: Birr 500
• Minimum average daily balance for profit sharing: Birr 100,000 (otherwise profit is forfeited)
• Profit-sharing ratio: 70:30 (Customer : Bank)

Designed exclusively for women aged 18 and above.

• Initial deposit to open: Birr 500
• Minimum average daily balance for profit eligibility: Birr 10,000
• Attractive profit-sharing ratio: 75:25 (Customer : Bank)

Supports children's savings until they reach 18 years of age.

• Opened and operated by a parent or legal guardian
• Initial deposit to open: Birr 500
• Minimum average daily balance for profit eligibility: Birr 10,000
• Profit-sharing ratio: 75:25 (Customer : Bank)
• Converts to a Mudarabah Saving (Normal) account at age 18

Designed for individuals saving for Hajj or Umrah; minors may open through guardians.

• Initial deposit to open: Birr 500
• Minimum average daily balance for profit eligibility: Birr 10,000
• Allows additional deposits to reach your target sooner
• Profit-sharing ratio: 70:30 (Customer : Bank)

Designed for formal and informal Equb organizations.

• Profit-sharing ratio: 75:25 (Customer : Bank)
• Eligible for profit-sharing under applicable Shari'ah criteria
• Priority personal financing for Equb organizers once eligibility criteria are met
• Free cash collection service from Equb premises may be provided
• Sponsorship of opening/closing ceremonies based on eligibility

Designed for Edir and other community-based saving groups.

• Profit-sharing ratio: 75:25 (Customer : Bank)
• Eligible for profit-sharing under applicable Shari'ah criteria
• May provide tents, tables, umbrellas, and related items for social functions
• Priority personal loans for Edir organizers once eligibility criteria are met
• Free cash collection service on Edir premises may be provided

• Minimum deposit eligible for profit sharing: Birr 100,000
• Profit-sharing ratio negotiated based on deposit amount and tenor
• Profit calculated monthly, credited upon maturity

For customers who prefer to transact via chequebook.

• Minimum opening balance: Birr 500 (individuals) / Birr 1,000 (businesses)
• Account requirements are similar to a conventional current account
• Operated through a cheque book

• Minimum opening balance: Birr 50
• No service charges, aside from applicable cost-recovery charges
• Free ATM and POS transactions

• Minimum opening balance: Birr 50
• Flexible regular and additional deposits to reach your target
• Funds withdrawable once the required savings amount is reached

• Initial deposit: Birr 100
• Available for secondary and tertiary students, individually or jointly
• Converts to a Wadi'ah Saving account upon completion of education

• Minimum opening balance: Birr 100
• Available for individuals, joint holders, and Zakat-related organizations
• Helps customers save specifically toward their Zakat obligations

• Initial deposit: Birr 100
• Opened and operated by a parent or legal guardian
• Converts to a Wadi'ah Saving account when the child turns 18

• Minimum opening balance: Birr 500
• Operated through cheques
• Valid TIN and ID required; business license optional

Aimed at house servants, Gulit traders, shoe-shine makers, daily laborers, and similar target groups, to help them build startup capital.

• Minimum opening balance: Birr 50, for individuals 18 and above
• Available individually or jointly, up to three signatories
• Bank provides a movable safe "Nib-Keffo" box; keys held by the Bank

For customers saving to purchase or construct a residential house, or to purchase a vehicle.

• Linked with the Bank's interest-free financing modalities
• Supports structured savings toward the target asset

• Foreign currency deposit account maintained in hard currency
• Funds usable locally in ETB or transferable abroad, subject to applicable requirements