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Ethiopia bank directory

Wegagen Bank

Wegagen Bank’s published website describes diaspora mortgage lending for residential property purchase or construction in Ethiopia. It also lists Wegagen Mobile app and USSD services for account enquiries, transfers and selected payments.

Sources checked

Housing finance

Diaspora mortgage loan

Wegagen describes a mortgage facility for Ethiopians abroad and foreign nationals of Ethiopian origin to purchase or construct residential houses in Ethiopia.

  • The published requirements include a Special Diaspora account and foreign-currency contributions and repayments.
  • Property valuation and income, identity and residence documentation are listed.
  • Construction funding is described as phased.

Confirm current eligibility, property valuation, contribution and repayment conditions with the bank.

Digital banking

Wegagen Mobile

Wegagen describes smartphone-app access and USSD *866# for mobile banking.

  • Published functions include transfers, airtime, airfare and school-fee payments, and account statements.
  • The page directs account holders to apply for the service through a branch.

The bank’s published website content was checked; app operation and current account-level feature access were not tested.

Sources and check date

GuzoHomes reviewed these bank and regulator sources on . That is a source-check date, not a new product announcement or confirmation of current terms.

GuzoHomes
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