Loan Facilities

Manufacturing Term Loan

Type of loan for working capital as well as purchasing of machineries and equipments required for manufacturing, cottage industries and mining.

Building Construction Term Loan

Type of loan used for renovating houses or to meet fund requirement at the completion phase of buildings.

Construction Bridge Term Loan

Type of loan available for contractors to bridge their financial constraints (through working capital financing) while executing contractual construction activities.

Transport Vehicles Term Loan

Type of loan granted for purchasing of public transport buses, and freight fleet transport vehicles.

Transport Service Term Loan

Working capital loan granted to customers who are engaged in public, freight and fleet transport services.

Mortgage Term Loan

Type of loan provided to customers who need to purchase commercial and/or residential buildings.

Automobile Term Loan

Type of loan provided for purchasing automobiles (new or used) for business or personal use.

Letter of Guarantee

Various types of guarantees provided in favor of a customer such as bid bond, performance bond, advance payment or customs bond guarantees.

Export Credit Guarantee (ECG)

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 Exchange Rate

    October 13, 2017 
  Buying Selling
us  USD 26.9489
gb  GBP 35.4028 36.1109
eu EUR 31.9479 32.5869

Get In Touch

Wegagen Bank, S.C

Tel.: +251 11 552 38 00
Fax.: +251 11 552 35 20
P.O.Box: 1018, Addis Ababa, Ethiopia