Summery

Founded: July 1,2022

Type: Commercial Bank

Category: Bank

Sector: Private Bank

Headquarters: Addis Ababa, Ethiopia

Branch: 22+

Employee: 1000-5000+

Shareholders: 2000+

USSD: *842#

Swift Code: SDMAETAA

Amharic: ሲዳማ ባንክ

Slogan: Together, we can be 'the best'!

History

Sidama Bank Share Company was officially established on July 1, 2022, after being relicensed by the National Bank of Ethiopia. With nearly 2,000 shareholders, the bank's ownership includes a diverse mix of individuals, cooperatives, regional government offices, churches, associations, and private companies. Building on the legacy of the former Sidama Microfinance Institution, the bank is committed to providing inclusive financial services to both rural and urban communities in Ethiopia. Sidama Bank envisions playing a key role in the nation's economic development and aims to leverage advanced financial technologies as part of its strategy to become a leading digital bank.

Vision, Mission & Core Value Of Sidama Bank

Vision

Provide Professionally and technologically driven inclusive banking services by motivated employees thereby enhance stakeholder's value proposition.
To be the leading inclusive financial service provider in Ethiopia

MISSION

To become bank of Customers' Choice in Ethiopia by 2033.
To provide accessible and modern banking services to the urban and rural population of our country in order to create value to all its shareholders and stakeholders

Core Value

Core value is SidamaBank is

-Excellence

-Integrity

-Initiation

-Team work

-Innovation

-Social Responsibility

-Impartiality

-Learning organization

Products & Services

Sidama Bank has The Following Services:-

  1. Loan Services
  2. Investment Services
  3. International Services
  4. ATM Services
  5. Mobile Services
  6. Exchange Services