BUSINESS SECTOR PRODUCT PROFILE

FOR DIASPORA COMMUNITY

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	10%	20 Years	9.0%
		10%		8.0%
		30%		7.5%
		50%		7.0%
1.	LCY/FCY	10%	20 Years	9.0%
		20%		8.0%
		30%		7.5%
		50%		7.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.5%
		40%<X<50%		11.0%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	30%>X<40%	15 Years	8.5%
		40%<X<50%		8.0%
		50%>X<60%		7.5%
		60%>X<70%		7.3%
		>70%		7.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.0%
		40%<X<50%		10.5%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.5%
		40%<X<50%		11.0%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	20	10 Years	9.0%
2.	FCY/LCY	25	10 Years	11.0%
3.	LCY/LCY	25	10 Years	10.0%

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	30%>X<40%	15 Years	8.5%
		40%<X<50%		8.0%
		50%>X<60%		7.5%
		60%>X<70%		7.3%
		>70%		7.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.0%
		40%<X<50%		10.5%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.5%
		40%<X<50%		11.0%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY (Repayment)	N/A	5 Years	10.0%

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	30%>X<40%	15 Years	8.5%
		40%<X<50%		8.0%
		50%>X<60%		7.5%
		60%>X<70%		7.3%
		>70%		7.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.0%
		40%<X<50%		10.5%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%
1.	FCY/FCY	30%>X<40%	15 Years	11.5%
		40%<X<50%		11.0%
		50%>X<60%		10.0%
		60%>X<70%		9.5%
		>70%		9.0%

Loan Facilities

sr.	Financing Arrangement	Minimum Equity Contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	20	10 Years	9.0%
2.	FCY/LCY	25	10 Years	11.0%
3.	LCY/LCY	25	10 Years	10.0%

Loan Facilities

Sr.	Financing Arrangement	Minimum Equity contribution	Maximum Loan Tenure	Interest Rate
1.	FCY/FCY	20	10 Years	9.0%
2.	FCY/LCY	25	10 Years	11.0%
3.	LCY/LCY	25	10 Years	10.0%

2. Deposit Products

2.1 Diaspora Saving Account

Eligibility

All Ethiopians and Ethiopian Origins living in foreign lands
Source of deposit in Foreign currency (FCY)

Required Document

Passport; or Passport and Ethiopian origin ID

Benefit

Higher interest rate (14%)

2.2 Saving Account in FCY

Eligibility: Just like the Diaspora Savings Account highlighted in section 2.1

Required Document

✔Just like the Diaspora Savings Account highlighted in section 2.1

Benefit

✔Deposit in FCY; exchange gain; and
✔Better interest rate (SOFR + 4%)

2.3 Diaspora Mortgage Saving Account

Eligibility

✔Just like the Diaspora Savings Account highlighted in section 2.1

Required Document

✔Just like the Diaspora Savings Account highlighted in section 2.1

Benefits

Saving interest (7%); and
Mortgage loan

2.4 Foreign Hawala Saving

Account

Eligibility

✔All Ethiopians and Ethiopian Origins;
✔Transferring Fund through CBE; and
✔Exchange FCY at CBE branches

Required Document

✔ Passport; or Passport and Ethiopian origin ID

Benefits

✔Air time top up;
✔Priority for FCY allocation for travel
✔Better interest rate (14%)

2.5 Fixed-Time Deposit in FCY

Eligibility

All Ethiopians and Ethiopian Origins living in foreign lands
Source of deposit in Foreign currency (FCY)

Benefit

Deposit in FCY; Exchange gain; and
Better interest rate

2.6 Current Account in FCY

Eligibility

✔All Ethiopian and Ethiopian origins living in foreign lands; and
✔Source of deposit FCY

Required Document

✔Passport; or
✔Passport and Ethiopian origin ID

Benefits

Withdrawal can be either in FCY or Birr;
Used for import; and