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Get Tsedey Bank's Insight including Profile, Financial Performance, Annual Reports, Board of Directors, Management teams, Products and Services, Contacts and Addresses and much more.

Tsedey Bank Profile

About Tsedey Bank

1. Origin: Founded in April 1997 as Amhara Credit & Savings Institution (ACSI), Tsedey Bank Share Company has evolved into a prominent player in the Ethiopian banking industry.

2. Capital Strength: With a paid-up capital of Birr 7.75 billion, Tsedey Bank exceeds the regulatory requirements for establishing a bank in Ethiopia. The bank's total capital now, 2023, stands at Birr 12.8 billion, inclusive of legal and special reserves.

3. Asset Position: Tsedey Bank boasts a sizable asset position, with total assets amounting to Birr 56.6 billion, indicating significant growth and stability within the banking sector.

4. Mission: Tsedey Bank is committed to contributing significantly to Ethiopia's socio-economic transformation by providing modern, inclusive, and efficient banking services. This commitment is upheld through advanced systems, technologies, and the dedication of highly competent staff.

5. Vision: By 2030, Tsedey Bank aspires to be the leading inclusive and transformative commercial bank in Ethiopia, showcasing its dedication to driving positive change within the industry.

6. Core Values: Tsedey Bank operates on the principles of professionalism, integrity, service excellence, a sense of ownership, and inclusivity, ensuring a strong ethical foundation and customer-centric approach.

By offering comprehensive banking solutions and embodying core values, Tsedey Bank aims to revolutionize the banking landscape in Ethiopia, fostering economic growth and prosperity for all stakeholders.

Address and Contact Information

  • Head Office: Legehar, Ras Mekonen Ave, Addis Ababa, Ethiopia
  • Phone: 0115584789
  • Email: info@tsedeybank-sc.com
  • P.O.Box: 9630
  • Swift code: TSDYETAA

Board of Directors

  1. Ato Gedu Andargachew - BOARD CHAIRMAN
  2. Ato Agegnehu Teshager - VICE BOARD CHAIRMAN
  3. Fenta Mandefro (Dr.) – Member
  4. Ato Eshetie Gelaw – Member
  5. Ato Tadesse Melash – Member
  6. Ato Wondale Getahun – Member
  7. Ato Yilebes Addis – Member
  8. Wro Selamawit Alemayehu – Member
  9. Ato Shimelis Belachew – Member
  10. Ato Eskinder Alemayehu – Member
  11. Dr Meselu Alaminie – Member
  12. Ato Abata Girma – Member

Executive Management Team

  1. Ato Mekonnen Yelewmwesen – President
  2. Ato Gashaw Workineh - Vice President, Human Capital
  3. Ato Temesgen G/Egziabher - Vice President, Finance & Treasury
  4. Ato Agazie Getahun - Vice President, Micro and Small Financing
  5. Ato Tewabe Aysheshim - Executive Vice President
  6. Ato Yohannes Mengistu - Vice President, Corporate Strategy & Marketing
  7. Ato Theodros Tadesse - Vice President, Digital & Branch Banking
  8. Ato Birhanu Abera - Vice President, Credit Operations
  9. Ato Yilma Kassahun - Vice President, Risk & Compliance Management
  10. Ato Wondie Wodaje - Vice President, International Banking
  11. Ato Dereje Chanie - Vice President, Property & Facility
  12. Ato Ermias Zewde - Vice President, Information Technology
  13. Ato Tewodros Bezuneh - Vice President, Internal Audit

Annual Reports

Please visit https://tsedeybank-sc.com/annual-report/