Tsedey Bank
From Wikipedia, the free encyclopedia
Native name
ፀደይ ባንክCompany typePrivate
Industry
- Banking
- financial services
PredecessorAmhara Credit & Savings Institution (ACSI)
 | |
Native name | ፀደይ ባንክ |
|---|---|
| Company type | Private |
| Industry |
|
| Predecessor | Amhara Credit & Savings Institution (ACSI) |
| Incorporated | 28 January 2022 (as Tsedey Bank) |
| Founded | 1 April 1997 (as ACSI) |
| Headquarters | , |
Number of locations | 627+ (2024) |
Area served | Ethiopia |
| Products |
|
| Services |
|
| Total assets | 62.2 billion birr (2024) |
| Total equity | 13.5 billion birr (2024) |
| Owner | National Bank of Ethiopia |
Number of employees | 13,400+ (2024) |
| Website | tsedeybank-sc |
Tsedey Bank (Amharic: ፀደይ ባንክ) is an Ethiopian private commercial bank that operates in Ethiopia. It was preceded by the Amhara Credit & Savings Institution (ACSI) that was established in 1995 as a microfinance company.
In January 2022, the bank acquired license from the National Bank of Ethiopia (NBE) on 28 January 2022 and officially inaugurated on 24 September 2022.