Tsedey Bank

Tsedey Bank
Native name
ፀደይ ባንክ
Company typePrivate
Industry
  • Banking
  • financial services
PredecessorAmhara Credit & Savings Institution (ACSI)
Incorporated28 January 2022 (2022-01-28) (as Tsedey Bank)
Founded1 April 1997 (1997-04-01) (as ACSI)
Headquarters,
Ethiopia
Number of locations
627+ (2024)
Area served
Ethiopia
Products
  • Loans
  • savings
  • interest-free banking
  • trade finance
Services
  • Retail banking
  • microfinance
  • international Banking
Total assets62.2 billion birr (2024)
Total equity13.5 billion birr (2024)
Number of employees
13,400+ (2024)
Websitetsedeybank-sc.com

Tsedey Bank (Amharic: ፀደይ ባንክ) is an Ethiopian private commercial bank that operates in Ethiopia. It was preceded by the Amhara Credit & Savings Institution (ACSI) that was established in 1995 as a microfinance company.

In January 2022, the bank acquired license from the National Bank of Ethiopia (NBE) on 28 January 2022 and officially inaugurated on 24 September 2022.