Wegagen Bank

Credit

Diaspora Consumer Loan

It is a credit facility offered to Ethiopians residing abroad and /or foreign nationals of Ethiopian origin for financing of personal use such as purchase of household items, education, medication, we

Credit

Pre-shipment Export Credit Facility

Offers credit facility to finance working capital requirement for purchase of exportable items, processing and converting them into finished goods, transporting, warehousing and packing until such tim

Credit

Property Disposal and Partial Finance Loan

Property Disposal and Partial-finance loan is partial financing scheme whereby the Bank covers a portion of the latest engineering estimation value (not Auction price) of the foreclosed or negotiation

Credit

Merchandise Loan Facility

A Merchandise Loan is a short-term credit facility provided by the Bank against which the merchandise or documentary evidence (Railway Receipt, Warehouse Receipt and Airway Bills) is held as a pledge

Savings

School Account

An account targeting mainly Private schools (kindergarten, primary, & secondary), technical & vocational training institutes, universities, colleges and professional training institutes

Savings

Special Demand Deposit

This account offers a checking account that bears interest for those customers who maintain a substantial amount of deposit

Savings

Special Saving Account

Saving scheme for individuals who are legally travelling abroad for work through agencies

Savings

Bid Bond Guarantee

Bid bonds are issued to beneficiaries on behalf of clients to enable them participate in bids