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Loan and Advances

Global Bank Ethiopia grants loans and advances to various sectors of the economy on the strength of the feasibility of the proposed projects. Hence, all types of loans are spread among the categories of loans recognized by the bank.

To participate in the economic development of the country, we play an important role as a financial intermediary. Acting as a bridge between the collected deposit from the general public and entrepreneurs to invest or expand their ventures but have financial constraints to do so.

Documents required for credit application

Legal Documents

  • Renewed trade/investment license;
  • Principal registration certificate;
  • TIN and Tax clearance;
  • Marriage certificate

Business Documents

  • Business plan;
  • Provisional/Audited financial statements;
  • For new or expansion project feasibility study that shows the viability and bankability of the business

The Bank extends credit facility for the following business lines:

  • Domestic Trade and Service;
  • Construction;
  • Merchandise;
  • Export;
  • Transport;
  • Overdraft;
  • Manufacturing
  • Import
  • Personal
  • Agriculture
  • Advance Against Import Bills