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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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29

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Exchange Rates

  Applicable on August 15, 2026       

CURRENCY CODE

BUYING

SELLING

Weighted Average 

Buying Rate

Weighted Average 

Selling Rate

USD

161.4728

164.7023

161.4728

164.7023

EUR

186.2605

189.9857

186.2605

189.9857

GBP

213.8209

218.0973

213.8209

218.0973

AED

43.8917

44.7695

43.8917

44.7695

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