Summery
Founded: 26 May 1999
Type: Commercial Bank
Category: Bank
Sector: Private Bank
Headquarters: Addis Ababa, Ethiopia
Branches: 438+
Employees: 7000+
Customer Support: 9698
USSD: *865#
Swift Code: NIBIETAA
Short Code: NIB
Amharic: ንብ ባንክ
Slogan: Committed to Service Excellence! | ይሠሯል ከልብ፣ እንደ ንብ!
History
Nib International Bank (NIB) was established on 26 May 1999 under license no. LBB/007/99 in accordance with the Commercial Code of Ethiopia and the Proclamation for Licensing and Supervision of Banking Business Proclamation no. 84/1994 with the paid up Capital of birr 27.6 million and authorized capital of Birr 150 million by 717 Shareholders. The Bank commenced its operations in 28 October 1999 by 27 employees. It joined the banking industry as the sixth private bank licensed in the country.
Vision & Mission Of Nib Bank
Vision
To be an icon of service excellence and a leading commercial bank in Ethiopia.
MISSION
To provide customer focused, and innovative banking services through motivated staff and state of the art technology.
Core Value
Core value is Nib Bank is "TATARI"
T-Transparent
A-Accessible
T-Teamwork
A-Accountable
R-Results-oriented
I-Innovative
Products & Services
1)Deposite
Nib bank has various deposit accounts types:
- Saving Account: An interest-bearing account for individuals, organizations, and associations with a minimum deposit of Birr 50.
- Executive Special: Special account for senior executives and higher officials of organizations, requiring a minimum deposit of Birr 10,000.
- Special Demand Deposit: A non-interest-bearing account for customers who do not want interest on their deposits.
- NIB Mar Saving Account: A high-interest saving account for customers over 18 with a minimum deposit of Birr 50,000, available individually or jointly.
- NIB Social Saving Accounts: A savings account tailored for socially established unions like Equib, Edir, or Senbetie.
- NIB Donation Saving Account: Encourages donations from individuals or groups, allowing them to save and manage their contributions.
- Lucy Saving: A women’s savings account offering higher interest rates, requiring a minimum deposit of Birr 50.
- Time Deposit: A fixed-term deposit offering higher interest rates depending on the deposit amount and duration, starting at Birr 50,000.
- Current Account: A non-interest-bearing account for individuals and organizations, requiring a minimum deposit of Birr 500 (individuals) or Birr 1000 (businesses).
- Students Saving Account: Designed for students to manage educational costs, with a minimum deposit of Birr 50.
- Special Saving Account: Interest-bearing account operated by cheque, where withdrawals are limited to earn interest.
- Children’s Saving Account: For minors, opened by parents or guardians, encouraging savings for future use.
- Nib Kefo Saving: An innovative service that allows customers to save money at home without needing to visit the bank.
- Senior Citizen Saving Account: Aimed at encouraging seniors to save for retirement, with a minimum deposit of Birr 25,000.
- Prestige Saving Deposit: A deposit account for organizers of Equb, Idir, or religious organizations, with a minimum deposit of Birr 5,000.
- Gojo/Guzo Saving Account (A): Designed for saving money for a house or vehicle, available to all Ethiopian nationals and Diasporas with no minimum balance.
- Gojo/Guzo Saving Account (B): Offers a higher interest rate with flexible withdrawals, available to all Ethiopian nationals and Diasporas.
- Holiday, Vacation & Special Purpose Saving Account
- Designed for saving towards specific purposes like vacations or events, with a minimum deposit of Birr 50.
- New Born Baby: A savings account for newborns to instill the value of saving for future needs.
- Entrepreneurs’ Saving Account: Aimed at SMEs and entrepreneurs who want to save to start or expand their business, with bank financing options available.
2)Loans
3)Interest Free banking
4)International Banking
Digital Banking
- ATM
- POS
- Internet Banking
- Mobile Banking
- Agency Banking
Mobile Banking
The NIB Mobile Banking App enables you to manage your accounts on the go. It’s secure, easy to use, and offers real-time access to your financial information.
USSD: *865#
IOS App: Download Form AppStore
Android App: Download From PlayStore
Internet Banking
Allows you to access your account via browser any where.