Siinqee Bank S.C.

Siinqee Bank officially launched on September 25, 2022, following its banking license from the National Bank of Ethiopia (NBE) in February 2022. Originally Oromia Credit and Saving Share Company, it transformed into a full bank with a capital of Birr 7.1 billion. Named after the Oromo women’s cultural practice "Siinqee," the bank aims to promote financial inclusion, stability, and empowerment. Through innovative banking and microfinance services, Siinqee Bank focuses on using cutting-edge technology to enhance society and create value for stakeholders, with a strong commitment to financial transformation and legal integrity.

Vision

To be the Leading Bank in Financial inclusion and Transformation.

MISSION

Siinqee Bank is dedicated to provide integrated, inclusive, and innovative banking and micro-finance services through its committed, dynamic and disciplined employees by deploying state-of-the art information technology to empower the society and maximize stakeholders’ value with a special focus to be the financial alternative and sources of area knowledge with adherence to the spirit of law.

Core Value

Core value is Siinqee Bank is

-Innovative

-Efficiency

-Socially Responsible

-Empowering

-Quality Service

Domestic Saving Accounts

1. Ordinary Saving Account: A basic savings account that allows individuals to deposit money and earn interest on their balance.
2. Youth Saving Account: A specialized account for minors or teenagers to encourage financial literacy, saving habits, and provide a secure place for managing money.
3. Compulsory Saving Account: A savings system where individuals are required by law or regulation to set aside a portion of their income or earnings for savings purposes.
4. Sorema Saving Account: A retirement savings account designed to help individuals save and invest for their future retirement years.
5. Handhura Saving Account: A savings account for individuals under 18, allowing them to safely manage and save their money while learning about financial responsibility.
6. Sebbeta Ayyo Saving Account: A savings account designed specifically for women, offering tailored features and benefits to meet their financial needs.

Domestic Demand Accounts

1. Ordinary Demand Account: A standard checking or current account that allows for frequent deposits and withdrawals without restrictions.
2. Interest Bearing Account: A demand account that earns interest on the balance, providing a better return than a regular checking account.

Loan Service

1. Agriculture
2. Construction Machinery Loan
3. Motor Vehicle Loan
4. Manufacturing Loan
5. Domestic Trade and Service (DTS) Loan
6. Tourism and Hospitality
7. International Trade
8. Idea Financing
9. Loan Buyout
10. Merchandise Loan Facility

Foreign Currency Banking

1. Diaspora Account
2. Retention Account
3. Foreign Currency Saving Account
4. Foreign Direct Investment Account

International banking

1. Trade
2. Remittance
3. Foreign Transfer

Interest Free Banking

Deposit Accounts

1. Wadiah
2. Amanah
3. Mudarabaha
4. Mudarabaha Hybrid

IFB Financing Facility

1. Murabaha Financing
2. Revolving Qard Interest Free Export Financing
3. Murabaha Diaspora Mortgage financing

IFB Banking Services

1. Kafalah
2. Hawalah
3. International Trade & Services

Interest Free Microfinance

1. Solidarity and Agree Business Financing
2. Enterprise and Retails Financing

Digital Banking

Mobile Banking

Siinqee Bank Mobile Banking brings banking service much closer to you through your mobile device

Android App: Download Here

USSD: *871#

Internet Banking

24/7 Siinqee Bank Internet Banking

Access Siinqee Online Banking Here.

-Card Banking

-Digital Micro-Lending

-Agent Banking