Summery

Founded: April 2022

Type: Commercial Bank

Category: Bank

Sector: Private Bank

Headquarters: Addis Ababa, Ethiopia

Employees: 501-1,000+

Branches: 90+

Subscribed Capital: 1.167 Billion ETB

Shareholder: 30,000+

Customer Support: 641

USSD: *877#

Swift Code: GDAAETAA

Amharic: ገዳ ባንክ

Slogan: New Generation Bank

History

Gadaa Bank was established in 2022 with the vision of empowering Ethiopia's low and middle-income populations, particularly farmers, pastoralists, young graduates, and women who have limited access to financial services. Recognizing the need for tailored financial solutions, the founding members, supported by over 28,000 shareholders, sought to address these gaps with services that suit the unique needs of these communities. In August 2021, the founding shareholders gathered to elect a professional board of directors, and in April 2022, the bank was granted its license to officially begin operations, marking a significant milestone in Ethiopia's banking landscape.

Vision, Mission & Core Value Of Gadda Bank

Vision

To Inspire and Enable Your Dream.

MISSION

We are committed to deliver superior and customer-centric full-fledged banking services to our community in a friendly environment by deploying competent employees and art –of –technology whilst optimizing shareholders’ value.

Core Value

Core value is Gadda Bank is GADDA.

G:GROWTH MINDSET

A: APPROACHABLE

D: DIVERSITY

A: ACCOUNTABILITY

A: ACCESSIBILITY


Products & Services

Gadda Bank Has The Following Product and Services

Conventional Banking

  1. Saving Accounts: provide a wide range of Savings accounts with smart features
  2. Current Accounts: Manage your everyday banking easily with a Gadaa Bank cheque book and more
  3. Time Deposit: Earn more with your savings by placing it in a fixed deposit to maximise its growth potential.
  4. Personal Loans
  5. Business Loans
  6. Guarantee Facilities

Interest Free Banking

  1. Deposit product
  2. Wadiah Saving
  3. Amanah
  4. Mudarabah Saving Accounts
  5. Financing & investment

International Banking

  1. Forex Service
  2. Trade Finance
  3. Money Transfer
  4. Diaspora & FCY Products
  5. Correspondent Accounts

Corporate Banking Service

  1. Diaspora Account
  2. Diaspora Loan Facilities
  3. NGO’s, Institutions & Corporate Loan Packages

Community Banking

A community bank is a depository or lending banking service that primarily serves businesses and individuals in a small geographic area. Community banking tends to emphasize personal relationships with customers in specific area.Learn More Abount Gadda Bank Community Banking Here.

Digital Banking

  1. Mobile Banking (USSD *877#)
  2. ATM
  3. Card Banking
  4. Internet Banking
  5. Merchant