Hibret Bank
Hibret Bank was incorporated as a Share Company on 10 September 1998 in accordance with the Commercial Code of Ethiopia of 1960 and the Licensing and Supervision of Banking Business Proclamation No. 84/1994. The Bank obtained a banking services license from the National Bank of Ethiopia and is registered with the Trade, Industry and Tourism Bureau of the Addis Ababa City Administration.
Over the years Hibret Bank built itself into a progressive and modern Banking institution, endowed with a strong financial structure and strong management, as well as a large and ever-increasing customer and correspondent base.
Currency Exchange Rate
| 17 JUN, 2025 | BUYING | SELLING |
|---|---|---|
 1 USD |
132.2 | 134.844 |
 1 EUR |
150.1098 | 153.112 |
 1 GBP |
171.2119 | 174.6361 |
 1 CHF |
148.0209 | 150.9813 |
Interest Free Banking
Interest-Free Banking (IFB) Business is a banking business in which mobilization and advancing of funds are undertaken in a manner consistent with Islamic law or Shariah principle.
Hibret Bank has introduced a number of savings products with distinct value propositions to its valued customers through its Hibr Haq interest-free banking services.
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International Money Transfers
