Tsedey Milestones
Our Journey Through Time
The Midas Touch of Tsedey
Tsedey Bank is a premier institution within the Ethiopian financial sector, distinguished by its commitment to value del...
Tsedey Bank is a premier institution within the Ethiopian financial sector, distinguished by its commitment to value delivery and market-leading performance. The bank currently serves over 12.7 million customers nationwide, including an active borrowing base of more than 1.3 million clients. This extensive reach is supported by a robust financial foundation, featuring total assets exceeding Birr 80 billion and a capital base surpassing Birr 13.3 billion. Backed by these strong fundamentals, Tsedey Bank continues to expand its national footprint through a network of over 637 branches and a dedicated workforce of more than 12,900 professionals.
A Profile in Financial Inclusion and Excellence
Tsedey Bank works in partnership with European Union- International Fund for Agricultural Development, United States Age...
Tsedey Bank works in partnership with European Union- International Fund for Agricultural Development, United States Agency for International Development (USAID), Agriculture Transformation Institute (ATI) and Women Entrepreneurs Development Project (WEDP).
Tsedey Bank distinguishes itself through its:
Extensive network: With a broad presence in rural Ethiopia, Tsedey Bank is accessible to a vast and undeserved population.
Significant lending portfolio: The bank caters to a large customer base, providing financial resources to over 1 million loan clients.
Award-winning performance: Tsedey Bank's dedication to excellence is recognized by its distinction as the first Ethiopian financial institution to receive an African Bankers Award.
Commitment to social responsibility: The bank prioritizes giving back to the community, fostering a well-deserved reputation for corporate social responsibility, and many more.
The Enduring Legacy of Tsedey Bank
Tsedey Bank has a rich history within Ethiopia's financial landscape. Its roots trace back to 1995 when the Organization...
Tsedey Bank has a rich history within Ethiopia's financial landscape. Its roots trace back to 1995 when the Organization for Rehabilitation and Development Ethiopia (ORDA-Ethiopia) established it as a department focused on rural credit. In April 1997, it transformed into a licensed microfinance company named Amhara Credit & Savings Institution (ACSI). Starting small with 3 million birr and a team of 40, ACSI served the microfinance sector for a quarter-century.