Credit banking services

Tsehay bank provides commercial or business loans to eligible customers to meet their day-to-day working capital requirements and/or for investment purposes i.e., addressing the financing requirements of customers in acquiring fixed assets, establishment of new projects and expansion of existing ones. In addition, it avails consumer loans to individuals for non-business related purposes.

This includes Term Loan, Overdraft, Merchandise Loan, Pre-shipment export credit facility, Import Letter of Credit Facility, Letter of Guarantee.

The Bank holds acceptable collateral to back the financings made to its customers.

The bank avails diaspora investment and consumer loans to eligible applicants which includes Diaspora Investment Loan and Diaspora Consumer Loan.

The Bank provides consumer loans (mortgage, automobile and personal loans) to employees of big depositors of the Bank.

Loans granted in this arrangement shall serve for purchase/construction of residential building/house, purchase of automobile and other personal expenditure.