Summery

Founded: 2011

Type: Islamic Bank [IFB]

Category: Bank

Sector: Private Bank

Headquarters: Jigjiga, Ethiopia

Branch: 60+

Employee: 800+

Customers: 1.2+ Million

Capital: 611+ Million

USSD: *966#

Swift Code: SBEEETAA

Amharic: ሸበሌ ባንክ አ.ማ

History

Shabelle Bank began its journey in 2011 as a microfinance institution in Ethiopia, driven by a commitment to financial inclusiveness and ethical banking practices. In a strategic evolution, the bank secured a full commercial banking license, enabling it to offer a comprehensive suite of Islamic banking services across Retail, SME, and Corporate Banking sectors. With the regional government holding the largest share, Shabelle Bank aims to empower communities through its innovative financial products. Emphasizing customer convenience, the bank has established a robust network of branches and digital banking solutions, ensuring accessible and inclusive financial services for all. Guided by its mission of "Enabling Growth and Enriching Lives," Shabelle Bank continues to strengthen its community ties under the principles of Islamic sharia, with oversight from a distinguished Shariah supervisory board.

Vision & Mission Of Shabelle Bank

Vision

To be a competent, sustainable, leading, and trusted Shari’a-compliant banking and microfinance services provider in the Horn of Africa and globally.

MISSION

To provide efficient and effective full-fledged Shari’a-compliant banking services with customer focus utilizing qualified, honest and motivated staff and state-of-the-art technology thereby optimizing shareholders’ interest and enhancing inclusion of the poor through microfinance business operations.

Products & Services

Shabelle Bank has The Following Product & Services:-

  1. Personal Banking
  2. Corporate Banking
  3. Diaspora Banking
  4. Mobile Banking
  5. Microfinance

Personal Banking

  1. Asset Financing
  2. Current Account
  3. Investment/International Account
  4. Saving Account
1, Saving Account
  1. General Savings Accounts
  2. Foreign Currency Savings Account
  3. Hajj/Umrah Savings Account
  4. Senior Citizens Account
  5. Wedding Savings Accounts
  6. Youth Savings Accounts
2, Asset Financing
  1. Vehicle Financing
  2. Home Financing
  3. Personal Financing
  4. Business Financing
  5. Construction Financing
  6. Trade Financing
  7. Property Financing
3, Investment/International Banking
  1. Import Financing
  2. Export Financing

Mobile Banking

Android App: Download Here

USSD: *966#