Best savings rates in Ethiopia — all 31 banks.
Every commercial bank savings and fixed deposit rate, verified from official sources and updated weekly. Filter by account type or Sharia compliance.
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Bank
Account type
Min. balance
Annual rate
Last verified
Showing 37 of 37 products from 31 banks · Sorted by rate (high to low)
View all 219 institutions →Rates are for comparison purposes only and may change without notice. Always verify directly with the institution before opening an account. BirrBank is not a bank or financial adviser.
How to choose the best savings account.
01
Compare the annual rate
The annual percentage rate is the core metric. A difference of 1% on ETB 100,000 is ETB 1,000 per year — meaningful over a 12-month fixed deposit term.
02
Check the minimum balance
Some banks require ETB 10,000+ to access their best rates. CBE requires as little as ETB 50. Match your available capital to the right product tier.
03
Consider Sharia compliance
Hijra Bank and ZamZam Bank offer Mudarabah accounts — profit-sharing products that are fully Sharia-compliant and competitively priced against conventional savings.
Data integrity
Every rate has a verified date. Always.
Any rate older than 7 days is automatically flagged. You see exactly how fresh the data is before making any comparison decision.
Get notified when savings rates change.
Weekly digest of every savings rate change across all 31 banks. Be the first to know when a bank raises — or cuts — its rate.
- Rate changes across all 31 commercial banks
- New fixed deposit products and limited-time offers
- Sharia-compliant product updates
- NBE minimum rate directive changes
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