Tsehay Bank Jobs Vacancy 2022

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Tsehay bank announces its joining the banking sector on July 23, making it the 21st financial entrant. The bank has amassed almost 780 million birr in paid-up capital from a total of 3 billion birr in subscribed shares through 373 shareholders, having the smallest number of shareholders from other banks in the industry.

Headquartered at Meaza Desalegn building around Lancha, the bank is said to start its operation with 30 branches with 20 of the total located in Addis Ababa whilst the rest will be located at the various regional cities. Tsehay bank initially held its first establishment general assembly at Sheraton hotel on February 18 2022 after it received permission from the Central Bank to begin selling shares in October 2020.

Tsehay bank was among around a dozen banks that were currently under formation in the country. Tshehay will be the third bank to join the market following Amhara and Ahadu bank.
Currently, the banking system in Ethiopia consists of around 1 state-owned development bank, 1 government-owned commercial bank, and 21 private banks. Commercial Bank of Ethiopia holds more than 60 percent of total bank deposits, bank loans, and foreign exchange.
The government plans to open up its banking industry to foreign competition as soon as parliament passes policies permitting it.

Position: Trainee Banker

  • Educational Qualification: A minimum of BA degree holder from a recognized higher learning institution in Accounting and Finance, Banking & Finance, Management, Business Administration, Economics, Marketing Management or related field of discipline
  • Experience: Not required
  • Year of Graduation: 2020-2022
  • CGPA: 2.75 and above
  • Place of Work: City and Outline Branches

HOW TO APPLY?

Interested and qualified applicants fulfilling the above requirement are invited to send their updated resume in PDF format only within 10 (Ten) consecutive days following the announcement of the vacancy. through the following link: https://forms.gle/A6A2nDqvtkHxQwbh8

Note: Please be sure the specified responses are correct!
The application could be void/disqualified if any invalid data or false information is provided.
Only shortlisted applicants will be contacted.

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