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