About Siket Bank

Welcome to Siket Bank, where your financial goals meet our commitment to operational excellence.


Addis Ababa Job Creation Project Office established in 1996 G.C in Addis Ababa City Administration to provide financial services to the poor people who cannot access financial services from formal banks in the city. The project office was established as microfinance institution by the name of Addis Credit and Saving Institution S.C in 2000 G.C by six shareholders with 517,000 paid up capital & subscribed capital of birr 1,017,000 based on National Bank of Ethiopia proclamation No. 40/96 which laid the legal basis for the establishment of microfinance institutions. Addis Credit and Saving institution S.C began its operation with 5 branch offices and 85 employees. During its first operation year the institution reached 1,521 customers with outstanding loan of 1,799,513 birr.


Currently, based on the national bank of Ethiopia’s directive Addis Credit and Saving Institution transformed itself to the bank by the name called SIKET BANK S.C and acquired a banking business license. The bank has been showing continued growth as evidenced by its number of customers, capital growth, assets, outstanding loans, employees, number of branches, etc. Today, the bank has 7.9 billion birr in capital, the total assets of the bank reach 15.8 billion birr, the number of customers has reached more than 537 thousand, the number of employees has increased to more than 1289 and the number of branch offices has reached 151.


At Siket Bank, we believe in Operational Excellence as the strategic approach to optimize their internal processes, technologies, and organizational culture to achieve higher efficiency, better customer service, risk management, employee development, quality assurance and improved financial performance. It focuses on creating a seamless, efficient, and effective operation that consistently delivers value and meets or exceeds customer expectations and stakeholders



Our Vision

  • To be the preferred bank in Ethiopia.


Our Mission

  • To provide integrated financial services using advanced technology and skilled employees with the aim to create value for stakeholders.

CORE VALUES:

S
Successfulness
I
Integrity
K
Knowledgeable
E
Empowerment
T
Timeliness

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