Goh Betoch Bank

Message from the CEO

Welcome to Goh Betoch Bank’s Website! Ethiopia is one of the ancient independent nations in the world. It is the second largest populated country in the African continent, with an estimated population size of 120 million at annual growth rate of 2.7%. Though Shelter is one of the primary requirements for life; housing has been major problem in Ethiopia. Ethiopia’s growing population and rapid rate of urbanization is placing substantial pressure on housing, especially amongst the middle- and lower-income population. Ethiopia is urbanizing rapidly, although it is still a mainly rural country. The country’s urban population is increasing by about 4.7% yearly with about 21.6% of the population classified as urban in the year 2020. Read More…

ATO GIRUM TSEGAYE KASSA
CEO

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About Goh Betoch Bank ​

Goh Betoch Bank S.C was founded by 11 visionary individuals, veteran bankers, investors, and academicians who have a strong devotion to their country and people. The reasons behind the inception of this, the first of its kind or pioneer private mortgage bank in Ethiopia include huge housing backlog, unaffordability of houses due to the rising cost of construction, persistent inflation, poor housing financing scheme in the country, among others.

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Exchange Rates

Applicable on January 16, 2026      

CURRENCY CODE

BUYING

SELLING

Weighted Average 

Buying Rate

Weighted Average 

Selling Rate

USD

152.7333

155.7880

152.7333

155.7880

EUR

177.4563

181.0055

177.4563

181.0055

GBP

201.2936

205.3195

201.2936

205.3195

AED

41.4307

42.2593

41.4307

42.2593

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