Tsedey Bank Company Vacancy

Tsedey Bank invites qualified and competent applicants for the following positions:

Who We are

  Tsedey Bank Company information:

Number of employees; 13,400 employees

Year founded; In April 1997, it transformed into a licensed microfinance company named Amhara Credit & Savings Institution (ACSI).

Paid-up capital;13.5 billion

Head quarter: Addis Ababa, Address: Legehar, Ras Mekonen Ave, Addis Ababa, Ethiopia

Total Asset: 74.6 billion

Number of Customer; 12.2 million customers nationwide

Number of loan user; 1.3 million actively using loan services

Number of branch; 630

Banking license; January 2022, Tsedey Bank officially secured its banking license from the National Bank of Ethiopia.

SWIFT CODE Tseday bank; TSDYETAA

Phone: 0115584789

Email: [email protected]

P.O.Box: 9630

What banking product and services provided by the Tseday bank

Tsedey Bank S.C provides a comprehensive range of banking products and financial services designed to meet the diverse needs of its customers. The bank’s core service areas include Deposit Services, Loan Facilities, Forex and International Banking, Interest-Free Banking, Agent Banking, and Fund Management.

Deposit Services offered by the bank include various savings and investment options such as Demand Deposit, Fixed Time Deposit, Youth Saving Account, Women Saving Account, Child Trust Fund Account, Special Saving Accounts, and Accounts for Minors. These products are tailored to encourage financial inclusion and promote saving habits among different customer segments.

Under its Loan Products, Tsedey Bank provides a wide selection of credit facilities including Term Loan, Merchandise Loan, Agricultural Inputs Loan, Vehicle Loan, Pre-shipment Export Credit, Revolving Export Credit, Mortgage Loan, Construction Machinery Loan, and Construction Working Capital Financing. These loan products are designed to support personal, business, and developmental financial needs.

In line with its commitment to inclusive banking, Tsedey Bank also offers Interest-Free Banking Services. The financing products under this category include Murabaha, Istisna, Salam, and Qard, while the saving products feature Wadiah (Safekeeping) Savings Account, Wadiah Current Account, Mudarabah Investment Saving Account, and Mudarabah Fixed Time Account. These products comply with Sharia principles and cater to customers seeking ethical banking alternatives.

Additionally, the bank provides a variety of Other Services such as Foreign Exchange Services, Foreign and Local Money Transfers (Hawalah), Letters of Guarantee, and International Trade Services including Bills of Collection, Letters of Credit, and Pre-shipment Financing. Through these diverse offerings, Tsedey Bank aims to deliver comprehensive financial solutions that foster economic growth and meet both individual and business needs. The bank is providing product like Accounts for Minors, Women Saving Account, Child Trust Fund Account and Youth Saving Account. Whereas the bank also provides international banking services for its customers like Import Transactions, Import and export Letter of Credit, export and Import by Cash Against Document and export/Import on Advance Payment. Based on this the bank uses terms and tariff on these international banking services you can kindly find from the following table 1.

Table 1; Tsedey Bank S.C — Charges on International Banking Services

What makes Tsedey Bank odd from others ?

Tsedey Bank is a financial institution transformed from ACSI, a financial institution having more than 25 years of solid experience and several global achievements. Tsedey has several uniqueness which the following are among some:

• Tsedey Bank is bank of the rural community.
• Tsedey Bank maintains a significant loan portfolio, serving over 1 million customers.
• Throughout its journey, Tsedey Bank has consistently demonstrated unwavering integrity, and trust earning it a reputation that resonates not just with its esteemed customers but also with the larger community.
• Huge paid-up capital (ETB 9.833) billion.
• The first Ethiopian financial institution to be awarded by the African Bankers Award.
• Tsedey is a bank with over 14,000,000 customers.
• Tsedey is the bank of the rural (unbanked) community, the poor, the low-salaried, the well-to-do family and people with entrepreneurial attitude. That is why we call Tsedey is “Bank for all!”
• Moreover, Tsedey is also a bank that finances several development and community service projects.
• Tsedey is known for its consistent corporate social responsibility.
• Tsedey has a program called as “Biqu” aimed at enabling many children to have access to education and become capitals to their country.
• Tsedey is paying a sizable budget for the athletics club which the bank has established since September 2004 E.C. The bank’s club is winning numerous regional, continental, and international championships and raising Ethiopia’s flag internationally.
• To modernize the agricultural sector, the bank has been supporting farmers to gain tractors.
• The bank has built high school for the community of Waghemira with a budget of ETB 13, 200,000.
• In a demonstration of significant commitment, the bank donated ETB 50,000,000 to alleviate the suffering of drought-stricken communities in North Gondar and Waghemira Administrative Zone.
• Additionally, it has contributed millions of birr to the maintenance of Labella RockHewn Churches. It has further demonstrated its commitment to Ethiopia’s development by contributing to the construction of the Great Ethiopian Renaissance Dam (GERD) and to the environmental initiative of eliminating water hyacinths from Lake Tana.

Why you Join Tseday bank

• Dynamic and fast-growing; Tsedey Bank S.Cbecause it is a dynamic and fast-growing financial institution that offers a wide range of modern and inclusive banking services.
• Strong commitment to financial innovation and accessibility for all segments of society; The Bank’s comprehensive portfolio which includes deposit, loan, forex, international banking, interest-free banking, agent banking, and fund management servicesreflects its
• Balanced approach to both conventional and interest-free banking; Bank’s is serving diverse customer needs while maintaining ethical and Sharia-compliant financial solutions. This demonstrates the Bank’s adaptability and social responsibility, qualities that align closely with my professional values.
• Employee-centered policiesTsedey Bank’s is employee centered such as structured severance and gratuity benefits, long-term career incentives, and a supportive organizational culture show that it truly invests in its people. This commitment to professional development and fair compensation creates a stable environment where employees can grow, contribute, and build long-term careers.
• Salary Increases; the bank assumed that salaries will increase at a rate equal to future assumed inflation.

How to Apply Tsedey Bank Company

Interested applicants who only fulfill the minimum requirements invited to apply online as per the format provided with this link, With in 5 consecutive days from the date of this announce.

Tsedey Bank Vacancy Registration Form

Note:

• All relevant work experience should be in banking & directly related with the position.
• Required number of employee/s may increase/decrease as per the need & standard of the bank
• Only short listed applicants will be communicated.
• Hard copy or physical applicants will not be accepted.
• Application letter, CV, Educational documents & Experiences shall be PDF format & maximum file size 1MB.
• The compensation will be as per the Bank’s Salary scale and benefit packages.

For further information contact: 0582263541/058220165

Success History of Awach Saving and Credit Sharing Association